Saved by Sterling Proffer
Record Labels Dig Their Own Grave. And the Shovel is Called TikTok.
One idea suggested by Royal is that the label’s opinion — and the radio station’s — is about to matter a lot less. All of a sudden, if you can grow a big enough social following, you can make a living off whatever music makes you happiest. This is somewhat true today, of course, but primarily to musicians who can live off touring and streaming reve... See more
Casey Newton • Is the music industry's future on the blockchain?
sari added
In the early days of social media, companies made blogging technologies with the promise that writers would be able to communicate directly with their readers. This pattern played out in industry after industry. But these changes left creators at the mercy of companies far more powerful, far more ruthless, and far less accountable than the record l... See more
theatlantic.com • NFTs Were Supposed to Protect Artists. They Don't. - The Atlantic
sari added
Glaringly, the prominent artists complaining about record labels demanding TikToks tend to be Millennials who love a good music video—or at least seem to appreciate the power of cultivating distance from their listeners.
Spencer Kornhaber • TikTok Killed the Video Star
Sterling Proffer added
"I believe that in the near future that we will go from Record Labels being your majority partner, to fans becoming your minority partner "
Youtube • Why NFTs will change the Future of Music | LIVE Announcement | GaryVee x Budweiser Royalty
Jordan Bester added
Who’s going to bother with all the work it takes to make a track successful on streaming services, if you can net more revenue faster through much more pleasant dynamics on your own terms?
Bas Grasmayer • ✖️ How the emerging Web3 WILL and WON’T disrupt music streaming
Mike Renaud added
sari added
Even when corporations did enter the picture, artists working with publishing houses or record companies, for example, had little contact with the business side of things. “Before the internet came along, artists not only could let their companies worry about the money, but they actually didn’t have a choice. The companies didn’t let them,” says De... See more