July 6, 2013
If you want to be a music artist that makes a lot of money from music sales, you are really in the wrong business. This is a euphoric business that banks on the idea that you have something that someone doesn’t need, but wants to buy. A profitable business would be to sell something like coffee, toilet paper, or even water bottles. Those are the types of tangibles we cannot live without. A musician really has to be in it for the sake of having fun and enjoying their lives rather than raking in the cash every time their mouth opens and speaks. Musicians, who have been “working” their entire lives, may have some idea of how money can be made. If they play a live show at a bar, they help promote drink sales and get paid a little on the side for their effort.
But what happens …
June 28, 2013
I think artists have learned their less after the entire stint with Naptster and Metallica. Both sides have a good argument for their case – but one of them simply looks like the loser in the process. When we download music for free, we are essentially stealing profits from the original creators, but if the artist goes public and whines about it, they aren’t helping their popularity either. It is a real touchy situation where insulting or upsetting one fan can lead to hoards of fans jumping ship on their favorite artists. I feel for the artists who are really having a hard time trying to sell their music; it isn’t the same type of business as it once was.
Moby seems to have taken the high route, by offering fans a little bit of his music for free. Fans are able to basically download his music and use it …
June 5, 2013
When you pay for music in an online subscription or maybe even just one song – where does all of this money go? Obviously it isn’t the artists here who are soaking up all of the profits. The reason why their name is sitting on that page is because they have sacrificed some of their royalties in order to have their presence known. If you buy in iTune or the Amazon store you can bet that a large chunk of that one dollar you just spent has gone back to the store. It pays for their operating costs as well as advertising costs.
What about when you pay money to a record pool or online subscription? How much is the artist getting out of that? I would have to guess that they would make very little in a record pool, compared to their songs selling on their own. Some records …
May 11, 2013
When you discover how the music industry makes money, you’d be surprised at every little law and loophole that seems to work in favor of the production companies and labels rather than the artists. You’d think when you create a song, the lyrics, and the beat – that a song belongs to you and you alone, but you’d be wrong. The second you get signed to a label, you’d better read the fine print at the bottom of the contract. Some of these songs you produce no longer belong to you, and you could wind up hearing you song on a commercial without ever seeing a penny from the sale. This happens all the time, and band and their labels have been known to have it out publically for the rest to see.
Radio stations are not immune either. In fact, they are basically run by the labels and the …