![]() ![]() The way the music industry is set up does not exactly permit artists to own the masters of their songs and albums. In return, they receive a percentage of the artist’s earnings through nearly all fund-generation channels. Record labels are supposed to make the journey easier for upcoming artists by investing in them through recruitment and development, music production, promotion and distribution, management, and copyright enforcement. ![]() The topic of record labels turning artists into money-making machines without the master rights to their art has been debated for far too long. Somehow, people are still falling relentlessly for these cons, especially the rising talents itching to carve out a niche for themselves. This is 2021, the peak of an era when random people can simply reach out to others in social media DMs, claiming to be the golden ticket to long-lasting success. From record labels syndicates and promotional frauds to talent scouting scams and full-blown con artists, it’s upsetting how technology improved the industry and also made it more vulnerable to people looking to rip others off. ![]() Like most other industries, scammers have been thriving alongside legitimate managers in music since the days of vinyl records and cassette players. However, as the going gets easier for the passionate people, the shady bunch are also getting free passes. With fully efficient virtual studios, high-tech streaming channels, live performances over the internet, and social media for easier promotion, it’s not surprising that independent artists now make up nearly 40 percent of the global music industry, as NPR reports. The industry has evolved so remarkably in the past five decades with technology constantly opening up better channels of operation at the turn of every decade. Essentially, it’s not what it seems from the outside. ![]() A simple analogy of the music industry reality for emerging artists is like bitter lemonade in a lovely milk container. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |