The Record Label Crisis

Record labels are digging their own grave. They finally have achieved their dream—which is to make money while doing as little work as possible. But the end result is a world in which they add so little value that no successful musician will want them any longer.

So, the model of the major labels certainly has changed, but by the way, after 15 years of decline and pressure, we are now in a world where the major labels continue to be the dominant players in the market and so, a good question is why is that? What is their value today to the consumer and to the artist? Democratization of music has done some th... See more

...if you dig a little deeper, the reason indie labels and direct distribution have gained a bit of share is related to the fact that as we spoke about earlier, we've seen the barrier to creating and distributing music collapse.