Home > Entertainment > Music > Music Business
Created on: September 11, 2009 Last Updated: September 12, 2009
Record companies across all genres of music have one thing in common. They are companies. Their responsibility is to make at least enough money to keep their payroll afloat. With that said you may say to yourself that their actions can be overlooked because after all money doesn't have friends. since the beginning of record company history there has always been the amazing artist who is a great entertainer and the savvy business man that makes money by earning the artist money. When it comes down to specific genres you realize quickly that the greats are not a dime a dozen. In fact, there are a minuscule number of actually great musical entertainers, and if talent was all that mattered we'd be hearing the same 10 artists ad nauseam.
This business is based on what people would pay to be a part of. Will they buy the single, the album, the concert tickets? Once you realize that people can be razzled and dazzled and persuaded to buy almost anything, you quickly dismiss artistic ability as being a relevant factor into making an artist into a profitable business. Now that you've totally forgotten about the relevance of artistic ability, you develop this formula for making an artist into a profitable business. A + B + C = dollar dollar bills y'all. Now that you have this formula You put it against an artist thats good but not great. another profitable business. This is great news but, now you realize you can't expect an artist to be profitable for a very long time so you find people that can fit into the formula, make money real quick, and leave the music industry before people realize that they spent money on technically sub-standard music.
From this point of view there is nothing wrong and seems to be a victimless crime. I mean, consumers still decide what to buy and what to ignore. True, but consumers don't decide what they see and hear on the popular mediums for music such as, radio, television, and Internet. In fact, business people decide that. And they decide that based on what they think you will pay attention to and spend money for. This is the part where the consumer suffers because now you're paying more and more money for stuff you don't realize is of sub-standard quality. The worst part is that it becomes that much more difficult to seek out the best because you now don't have much to compare it to especially since the laws of nurtured development tell you that you have no choice as to what you are around as you are growing up. essentially, your parents
Below are the top articles rated and ranked by Helium members on:
Independent music: Why we should get rid of record companies
Record companies across all genres of music have one thing in common. They are companies. Their responsibility is to make
Too many big label record companies have lost the vision. It seems that their only interest is money. Not music, not the
We do not need to get rid of record companies. They will get rid of themselves. The writing is on the wall. Corporate greed
Lots of reasons!
1. Recording artists can actually be ARTISTS. They don't have to worry about corporate focus groups telling
by Brooke Hart
Just like any other system that has existed for too long, the Big 4 recording companies have taken their part in becoming
View All Articles on: Independent music: Why we should get rid of record companies
Featured Partner
My hope is that every person with cancer can smile because someone touched his or her life. So many of you made Nicki smile! I never imagined that I would devote my life to this cause, but when cancer touched my life it changed everyth...more