The cost of recording a cd is going up, not down. While production costs may be decreasing, the cost of a record deal to a label is increasing, the costs of advertising, video production etc is increasing, and so is music piracy, which is also seriously harming profits.
Since when were the record labels considered to be financially comfortable? All I ever read about is how they're on their way out. Besides, the equipment a major label is recorded with is still very expensive, the studios are worth hundreds of thousands of dollars.
Personally though, I prefer the more raw feel anyway. I'm a musician and recorded an album in my apartment on 70s analog equipment (which you can hear at richlowenberg.com - sorry for the cheap plug!). Bring back the old skool!
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The cost of recording a cd is going up, not down. While production costs may be decreasing, the cost of a record deal to a label is increasing, the costs of advertising, video production etc is increasing, and so is music piracy, which is also seriously harming profits. Since when were the record labels considered to be financially comfortable? All I ever read about is how they're on their way out. Besides, the equipment a major label is recorded with is still very expensive, the studios are worth hundreds of thousands of dollars. Personally though, I prefer the more raw feel anyway. I'm a musician and recorded an album in my apartment on 70s analog equipment (which you can hear at richlowenberg.com - sorry for the cheap plug!). Bring back the old skool!