Saved by Sterling Proffer
Record Labels Dig Their Own Grave. And the Shovel is Called TikTok.
Is this nuts? Have we entered the most twisted era yet of late stage capitalism? Would anybody like to directly stream my catalog but side step the streaming giants?
instagram.comThe money flowing to recording artists dropped 65% in 15 years between 1999 and 2014 because digital music technology disrupted the mechanism the recording labels had for collecting money from consumers. With streaming technologies on the rise, and now NFTs, the tide has turned in the last 7 years. Same skills. Same inherent joy for the music maker... See more