Majors vs. Indies, Google vs. iTunes: Make No Mistake, the Music Industry is at War - Page 3
Drugs, sex and rock and roll...is dead.
Teenagers are building home studios without knowing a thing about mastering and most certainly clueless on marketing, distribution and the significance of copyright administration.
Who is Harry Fox? Is ASCAP and BMI clocking sales on iTunes and soon-to-be Google? Who's the new watchdog of Cyber-Radio? When Jango plays your tunes a million times (yeah, sure), do you get paid? How much?
Let's start by asking, "What IS the current state of things?" What is the significance of the recent split of EMI between Universal and Sony? Universal picked up the recorded division while Sony got the publishing. What does that mean? Meanwhile, the same thing just happened with BMG only in reverse: Universal got the publishing and Sony got the recorded division. So what?
What does it mean to have Universal owned by Vivendi? Is that too big of a question for all of the little Indie people to grasp? Does it mean anything when I say that even the smallest of artists are answering to shareholders and not label execs? Who ARE these shareholders?
What will the dominance of 2-3 mega-corporate ownership mean for current signed A-list artists? What will it mean for signed artists who are NOT A-list? Will they get cut from the rosters? Without major label backing, how will unsigned artists market and distribute their music?
Just exactly how will Indie labels compete with the new order of majors? Selling millions of digital downloads is one thing, but sales alone is not the stuff of "stars." As already mentioned, some artists/bands don't care about stardom. But being a little fish in a little pond is not what's at stake here.
From Al Jolson to Frank Sinatra, Elvis and the Beatles to Michael and Elton to Lady Gaga and Justin Beiber, for nearly 100 years the music industry has very much been about hit songs and superstars.
Is the music industry so fractured and decentralized now that hits and stars no longer matter?