masterhw
Senior Member
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- Aug 3, 2024
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Labels list the catalogues, and good luck as an artist building an audience without the preeminent way for people to discover you.If streaming services truly don't reward artists... why do the artists list their music?
I think the issue may well be the artists don't use the new medium well enough, convinced that their focus should be on selling "records", and streaming service revenue is regarded as a side thing to make a few pennies on the side. But does it have to be that way?
The contrast with video streaming services that will sell you digital rights to a movie is pretty stark. With music, I go to Spotify and the new album drops on the exact same day the "physical" album becomes available. Which means the streaming version directly competes with the urge to buy a new music album.
With movies, you have to wait months until you can *buy* (or rent) a new movie on Prime or such. And you'll have to wait even longer until it becomes part of the "free tier" with your basic subscription.
Clearly the music industry (or the artists) are not following the best practices that video content distribution models have established. No Hollywood actor b*tches about not getting paid by Amazon or Apple etc etc.
Maybe it should be as easy as... if your fav artist releases a new album, you can only get it as a CD or (maybe) a download (with the d*mn album notes!), but you have to wait for 2 months or so to get it streamed for "free" on Spotify and such.
For pop and pop adjacent genres anyway, the money hasn’t really been in direct album sales since Napster. More of the income shifted to touring, brand cross promotion, music licensing, etc.
Limiting your reach to those who will purchase traditionally would come at an enormous cost to those other income streams. The (pop) music market is competitive enough you can’t be turning away business like that.
A trend that is taking place is more artists going independent. Marketing and distribution are traditionally what a label brings, but times have changed and artists can do this themselves. Big label artists are expected to put themselves on TikTok anyway, at a point what do you even need the label for.
If there is a change I’d like to see, it’s labels shrinking their share of the pie, as they struggle to remain relevant and justify taking a huge cut of a market they didn’t create. Streaming services aren’t perfect but they have democratized access both for artists to find an audience and vice versa. I can only see that as good.
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