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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="LarryBird" data-source="post: 3981602" data-attributes="member: 76548"><p>That's an entirely disingenuous post.</p><p></p><p>While the record companies provide a valuable service to artists, although they're far less important than they used to be, they've been ripping the musicians off since the day the 1st dollar was made. </p><p></p><p>You act as though they're taking all this risk, and while that's partially true, realistically I'd argue they're splitting the risks with the artist, who ultimately pays the labels back in full for distribution, promotional duties and marketing, cover art and design, and studio time, before the artist sees a nickel. Taking this into account, along with the fact that tons of the contracts have been challenged in court and ruled in the artists favor, and it's been known that they've preyed upon literal starving artists for a long long time. (Don't be the guy that takes the record labels side. There's always one in every crowd, but you don't have to be that one - it's a conscious decision for you to look like a doosh on this issue.)</p><p></p><p>That's why this post-napster era in music has been such a renaissance, much of the independent music put out since 2000 has rivaled the best music ever made, and boutique labels with large scale distribution deals have taken over the rest of the game, and paced the indies on quality all along the way, while taking major artists away from the big labels by giving them fair deals and creative control, plus ownership of their publishing and masters.</p><p></p><p>The major labels have tried to stick their claws into artists even deeper, as their once lucrative record sales have dried up, and their revenue streams shrunk or vanished altogether - they've begun signing naive, poor, young artists to all-inclusive deals that include their likeness, merchandising, record sales/downloads, streaming fees, ownership of the masters, and a percentage of both publishing and live gates...that is <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" />ing insane. Totally insane. They're essentially trying to take away or share in, all the income streams an artist has outside of their record sales, since the label's old business model has failed/been forever altered by technology, and is not done changing yet. They're undoubtedly trying to vacuum up the last few billion from a dying industry that will finally empower the artists, once the full disruption potential of the business is realized and social media becomes fully ubiquitous and the product marketing algorithms make traditional mass advertising totally obsolete.</p></blockquote><p></p>
[QUOTE="LarryBird, post: 3981602, member: 76548"] That's an entirely disingenuous post. While the record companies provide a valuable service to artists, although they're far less important than they used to be, they've been ripping the musicians off since the day the 1st dollar was made. You act as though they're taking all this risk, and while that's partially true, realistically I'd argue they're splitting the risks with the artist, who ultimately pays the labels back in full for distribution, promotional duties and marketing, cover art and design, and studio time, before the artist sees a nickel. Taking this into account, along with the fact that tons of the contracts have been challenged in court and ruled in the artists favor, and it's been known that they've preyed upon literal starving artists for a long long time. (Don't be the guy that takes the record labels side. There's always one in every crowd, but you don't have to be that one - it's a conscious decision for you to look like a doosh on this issue.) That's why this post-napster era in music has been such a renaissance, much of the independent music put out since 2000 has rivaled the best music ever made, and boutique labels with large scale distribution deals have taken over the rest of the game, and paced the indies on quality all along the way, while taking major artists away from the big labels by giving them fair deals and creative control, plus ownership of their publishing and masters. The major labels have tried to stick their claws into artists even deeper, as their once lucrative record sales have dried up, and their revenue streams shrunk or vanished altogether - they've begun signing naive, poor, young artists to all-inclusive deals that include their likeness, merchandising, record sales/downloads, streaming fees, ownership of the masters, and a percentage of both publishing and live gates...that is :censored:ing insane. Totally insane. They're essentially trying to take away or share in, all the income streams an artist has outside of their record sales, since the label's old business model has failed/been forever altered by technology, and is not done changing yet. They're undoubtedly trying to vacuum up the last few billion from a dying industry that will finally empower the artists, once the full disruption potential of the business is realized and social media becomes fully ubiquitous and the product marketing algorithms make traditional mass advertising totally obsolete. [/QUOTE]
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