El Jorge, on 13 June 2009 - 07:01 PM, said:
Here's my personal take on it, so take that into consideration:
I've been working in music for almost 20 years and have worked from a part time sales clerk at Tower Records, to store manager at Sam Goody, all the way to the past 7 1/2 years with Anti-Flag. I never liked the major label mentality and consistently avoided it, especially after dealing with all the corporate nonsense hoisted upon us as a manager at Sam Goody. What we're seeing now is the result of an industry run by people who are completely out of touch and are finally reaping what they sowed for decades, a business model that hasn't worked since the advent of mp3 players, CD burners and torrents.
That being said, it's getting increasingly harder to fund new bands and take a chance on upcoming artists since the odds of recouping the money spent on recording and marketing new releases is getting more difficult by the day. While on one level I rejoice at industry behemoths falling by the wayside piracy is affecting EVERYONE and making it increasingly more difficult to invest money since the odds are stacked against labels when it comes to ever making that money back.
I'd like to think that there's a "renaissance" around the corner (the same way Nirvana turned the music business upside down 17-odd years ago) but it's pretty unlikely. More and more bands and labels will flounder since support is dwindling and coupled with a weak worldwide economy I think it's going to get alot worse before it gets better. Music should be much more than just files taking up space on an iPod or a hard drive.
Those who seek traditional methods are sure to, but what about the internet?
Bands already notice that since mammoth labels are losing ground, you don't necessarily need their power to succeed.
Barack Obama, Dane Cook, a growing number of people will hit it big by just being friendly and spread on Myspace 24/7.
The internet has done so much for every local band I know. It's such an incredible tool and opportunity, with the power of FREE downloads being a crucial part of spreading the music.