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I would say this is the ultimate stupidity for the recording industry, which means it doesnt surprise me in the least...
Hello, these same music sharers are the CUSTOMER... you dont declare war on your customer and expect them to keep coming to you money in hand... Unless of course you decide to hijack them...
Never mind that the sinking record revenues are far more due to a combination of the absolute crap the stuff into a CD for an outrageous amount of money, along with complete mismanagement of talent and finances.
I would say that it is indeed time for a full fledged boycott of all music labels.
Let the record labels drown in bankruptcy.
Originally posted by IronDragon
How would you expect the RIAA to recover from all the revenue already lost? Posted by Twisted Vertex
What have they lost??? The labels never invested any significant amount of money in the talent in the first place! Look at the contracts, if a musician gets a $20 million contract, out of that contract, the MUSICIAN has to pay for the pressing of the CDs, the distribution, promotion, advertising, ect. Out of that $20 Million, he might be lucky to take home $1 Million or less, and there are several cases where after signing a contract a musician OWES the labels money!
That sounds like endentured servitude to me.
As for the cost of the CD? Why pay $18.99 for 1 maybe 2 songs and 10+ crap songs? With mass production, the total cost for production is probably $0.50 per disc... And the Artist is lucky to see $1 a disc. The remainder goes into the Fat Cat Label pockets.
Originally posted by IronDragon
Look at the contracts, if a musician gets a $20 million contract, out of that contract, the MUSICIAN has to pay for the pressing of the CDs, the distribution, promotion, advertising, ect. Out of that $20 Million, he might be lucky to take home $1 Million or less, and there are several cases where after signing a contract a musician OWES the labels money!
That sounds like endentured servitude to me.
Originally posted by Leveller
Originally posted by IronDragon
Look at the contracts, if a musician gets a $20 million contract, out of that contract, the MUSICIAN has to pay for the pressing of the CDs, the distribution, promotion, advertising, ect. Out of that $20 Million, he might be lucky to take home $1 Million or less, and there are several cases where after signing a contract a musician OWES the labels money!
That sounds like endentured servitude to me.
$1 Million is still a lot of money.
It isn't just the record labels.
The whole industry is a rip off.
It isn't just the record labels.
The whole industry is a rip off.