>Without a way to make money, we will see less music. Why? Because artists will be forced to get day jobs. As it is, there is a small chance you will make a full living as an artist.
So? This is how it has been for centuries. Call it the invisible hand meets the art world. They can get jobs being music teachers. They can record using vintage equipment, like Blake Schwarzenbach did (used 4-track and 8-track recordings while he wrote for GamePro).
>If anything, it will kill the indy scene because the only companies that will be able to even come close to a profit are the the ones with deep pockets
Something tells me you don't understand the definition of "Independent Music".
The fact is, the labels function as a market for pump and dump stocks, where the stock is a band or album. Independent music doesn't (or in my opinion, shouldn't) work that way. It can take 5 years for your album to blow up. (See: Mumford and Sons). You might have a bigger following only after you're dead and buried (See: Elliot Smith and Bright Eyes). You might have every single one of your fans wanting you to quit your main gig for a side project they've done (See: Death Cab For Cutie/The Postal Service).
Disclaimer: I am a founder of a failed start-up company that would work with artists in a way that was designed to supplant the labels and exploit long-tail effect, etc.
The sad, sad thing is that indie bands are getting picked off quicker and quicker by labels and pumped up for the first-album success. It's actually a huge issue (read up on MGMT) when the artists then try a new direction for a second album and the label is hesitant to financially support an album unless fans move the product in the first two weeks. This becomes at catch-22. How do you enjoy the success of radio play when nobody's paying to play you on the radio? This leads the labels to relegate these bands (by the second or third album) to a "we don't help you" status, forcing the band to break up or just be a small indie band forever on tour.
If anything, major labels playing in the indie scene is akin to making the indie bands "build on a flood plain".
TL;DR: NOPE. Artists make very little money from albums. It is known.
"So? This is how it has been for centuries. Call it the invisible hand meets the art world. They can get jobs being music teachers. They can record using vintage equipment, like Blake Schwarzenbach did (used 4-track and 8-track recordings while he wrote for GamePro)."
Again, you are making choices for them. You don't see anything wrong with this? Nobody is guaranteed a living. However, you should be given a chance. You are taking away that chance completely.
"when the artists then try a new direction for a second album and the label is hesitant to financially support an album unless fans move the product in the first two weeks."
This is the consequence of going with a label. The label wants to make their money back in the short-term and you, as an artists, give away your creative control. It's almost the same as getting VC for your startup.
Over time, people with your attitude have pushed many artists to go with big labels. They have little to no chance making any kind of living on their own (because people just share their music and don't pay for it). So, the label offers them money and some sort of living.
" I am a founder of a failed start-up company that would work with artists in a way that was designed to supplant the labels and exploit long-tail effect, etc."
I hope you weren't charging any money, because you sure don't seem any better than a regular label.
>Again, you are making choices for them. You don't see anything wrong with this? Nobody is guaranteed a living. However, you should be given a chance. You are taking away that chance completely.
I don't even see where this is coming from. I think you jump over a few points in your logic here, or you just know nothing about an industry which you're trying to debate about.
>Over time, people with your attitude have pushed many artists to go with big labels.
NOPE. Where are you getting your talking points? The RIAA's "downloads = lost sales" page?
If people didn't broaden the market and fanbase for independent music and independent labels, it wouldn't exist, and you'd only have major label music.
They have little to no chance making any kind of living on their own (because people just share their music and don't pay for it). So, the label offers them money and some sort of living.
The labels offer an incredibly bad deal. And all the artists who, you know, actually make a living without belonging to a major label might want to have a word with you about your data.
>I hope you weren't charging any money, because you sure don't seem any better than a regular label.
Actually, we were tons better. We basically set up our store to be the reverse of the apple store: They get 70% we get 30% (agency model). So selling your album for $5 bucks nets you 3. The same album on iTunes, would you net you about $1.50.
Except, as an independent, you'd have to go through a service which functions as a 'label' that takes 50%. So an album that nets you $.75 on iTunes would make you $3 off our site.
Oh, and one of our founders actually owned an independent record label. The problem is, all of the small indies have no internet strategy, and everyone in the business knows that's the name of the game. Fortunately, sites like SoundCloud and Bandcamp are actually there for independent musicians these days.
I'd love to go on, but to me it seems like you have no clue as to what you're talking about and I've got better things to do than re-hash the research we used in our pitch. Good day!
So? This is how it has been for centuries. Call it the invisible hand meets the art world. They can get jobs being music teachers. They can record using vintage equipment, like Blake Schwarzenbach did (used 4-track and 8-track recordings while he wrote for GamePro).
>If anything, it will kill the indy scene because the only companies that will be able to even come close to a profit are the the ones with deep pockets
Something tells me you don't understand the definition of "Independent Music".
The fact is, the labels function as a market for pump and dump stocks, where the stock is a band or album. Independent music doesn't (or in my opinion, shouldn't) work that way. It can take 5 years for your album to blow up. (See: Mumford and Sons). You might have a bigger following only after you're dead and buried (See: Elliot Smith and Bright Eyes). You might have every single one of your fans wanting you to quit your main gig for a side project they've done (See: Death Cab For Cutie/The Postal Service).
Disclaimer: I am a founder of a failed start-up company that would work with artists in a way that was designed to supplant the labels and exploit long-tail effect, etc.
The sad, sad thing is that indie bands are getting picked off quicker and quicker by labels and pumped up for the first-album success. It's actually a huge issue (read up on MGMT) when the artists then try a new direction for a second album and the label is hesitant to financially support an album unless fans move the product in the first two weeks. This becomes at catch-22. How do you enjoy the success of radio play when nobody's paying to play you on the radio? This leads the labels to relegate these bands (by the second or third album) to a "we don't help you" status, forcing the band to break up or just be a small indie band forever on tour.
If anything, major labels playing in the indie scene is akin to making the indie bands "build on a flood plain".
TL;DR: NOPE. Artists make very little money from albums. It is known.