DISQUS

The Equity Kicker: An analysis of why labels need to reduce their royalty demands

  • Jon Smirl · 1 year ago
    Labels are raising a generation that is being trained never to pay for music. Ask a random 20 year old what was the last music they paid for. The true answer is that we don't need the labels anymore but they are trying to extract every last penny before dying.

    Recorded music has become advertising for the live acts. There is nothing the labels can do about this short of putting a policeman next to every computer. Maybe they can get a hint from the fact that most live concerts in my town are sold out.

    Of course the bands aren't stupid either. They are starting to ignore the labels and keep all of the live act revenue for themselves.