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Interesting Admissions From Record Industry

Posted by samzenpus on from the music-was-better-back-in-my-day dept.

way2trivial writes "Many in the Slashdot community say the reason music sales are off is the content. It appears the industry and some music producers agree. In todays NYTimes magazine there is an article that says the quality of todays music is the problem. I have an issue with one part however, it reads "...and the once lucrative album market has been overshadowed by downloaded singles, which mainly benefits Apple" and here I thought Apple made most of their money with their hardware sales and a pittance on each track, giving the majority to the producer."

2 of 286 comments (clear)

  1. Re:Wait... by stewbacca · · Score: 0, Troll

    I'd rather get 1% of 1 million sales by brokering my art form through a huge record label than try to make that much money through my own direct sales. Face it, artists make more money by letting the BIG labels sell their image and music for them, because more people discover their music then if they were to try to sell it directly to people they meet at performances.

  2. Re:Go back to the beginning... by Anonymous Coward · · Score: -1, Troll

    To my knowledge (accumulated from the popular press and talking to some folks at Apple in addition to being a shareholder) is that Apple makes almost nothing on the sale of the music itself, believing that the majority of the profits gained from media should go to the artists and producers themselves. This is flawed thinking today because most of the artists aren't any good (except Madonna). The artists and producers are unoriginal, lacking talent, and their "music" sucks (except Madonna). They just aren't worth being paid as much as Madonna, so they should be paid the same as anyone off the street. These days the only thing that is worth any thing in the industry are the record labels because they are good at marketing garbage. Pay the artists and producers less until you find someone as good as Madonna (never going to happen).

    Anonymous Coward Sig 2.0:
    --
    Madonna is the only artist with any talent. Madonna is like the C programming language.