News for hackers. Stuff that matters.

A comment on Record labels dig their own grave, and the shovel is called TikTok. Parent comment

Re:Record labels dig their own grave, and the shovel is call... by notyourwork on Thursday June 02, 2022 @10:39PM (#31603601)
Its only dragging on because record labels have some of these mega mainstream artists by the balls. As contracts die, as we see more independents rise to the top mainstream record labels will die. It's just going to be slow like cable companies. Inevitable but undoubtedly.
[ Parent | on HN ]
Re:Record labels dig their own grave, and the shovel is call... by throwaway_1928 on Thursday June 02, 2022 @11:03PM (#31603768)
If artists negotiated like Drake, record labels would face a bleak future.

https://musically.com/2020/07/20/steve-stoute-if-drake-goes-...

[ Parent | on HN ]
Re:Record labels dig their own grave, and the shovel is call... by winternett on Friday June 03, 2022 @01:19AM (#31604570)
That video is advertising a digital distribution service which is owned by a well known record label exec.

The sales figures are quite exaggerated... 99% of artists never sell anywhere near the volume that Drake does.

I think it's important for artists to call out and quit pushing the mostly false profit models that the industry keeps pushing to put artists on a pedestal and to keep artists worshiping the big music industry machine.

If Russ was making $1m a week, he would not be doing self-produced promotional videos and tiktok posts about how to succeed in music. Even $1m a week for a well known music artist is not realistic in a good economy when Spotify only pays a fraction of a penny per play.

[ Parent | on HN ]
Re:Record labels dig their own grave, and the shovel is call... by peoplefromibiza on Friday June 03, 2022 @06:38AM (#31606575)
maybe

but also independent labels have much less negotiating power and human power to check for infringements or unauthorized reproduction, let alone legal authority.

All in all a good deal for them it's peanuts for a mainstream label.

(I have co-founded a small independent label)

[ Parent | on HN ]