Music industry is about to meltdown! I think streaming killed a good percentage of the industry. Then you have your Soundcloud rappers that became a flash in the pan. These new artist like Ice Spice have not built up their fan base. You hear a song its hot then they rush to make these people stars without a foundation. Then the artist signs a deal for like 5 albums then crash and burn.
Completely agreed! I think we will see a resurgence in physical media also. Fan bases are now less interested in releases outside of their favorite artists. Labels are ditching the stars and focusing on more cost effective short term success. Indie artists have a chance to succeed in the market if they put the work in to find an audience. Just dropped a new video on Atlantics new executives! ruclips.net/video/sh34r_hJE9w/видео.html
From 2011 to now Warner Music Group value has went from 3 billion (2011) to their current value of 16 billion. The music industry is alive and well. They are cutting bodies to increase profits even more and let technology do the work for them.
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Music industry is about to meltdown! I think streaming killed a good percentage of the industry. Then you have your Soundcloud rappers that became a flash in the pan. These new artist like Ice Spice have not built up their fan base. You hear a song its hot then they rush to make these people stars without a foundation. Then the artist signs a deal for like 5 albums then crash and burn.
Completely agreed! I think we will see a resurgence in physical media also. Fan bases are now less interested in releases outside of their favorite artists. Labels are ditching the stars and focusing on more cost effective short term success. Indie artists have a chance to succeed in the market if they put the work in to find an audience. Just dropped a new video on Atlantics new executives! ruclips.net/video/sh34r_hJE9w/видео.html
From 2011 to now Warner Music Group value has went from 3 billion (2011) to their current value of 16 billion. The music industry is alive and well. They are cutting bodies to increase profits even more and let technology do the work for them.
My rebuttal would be they now understand the leverage technology companies have. They are the real labels.
Great, the son of the dude who owns 33% of all music now is a CEO of another major label
And the crayy part is he started lo owns 49% of his company 10k. Yet sold it to his fathers company. Insane.
This guys is talking nonsense !
Sources were cited, but ok kid.