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Listen to New Music
Where do you go to listen to new music? Online music. It's a revolution. Everyone knows about it. With stores like Tower Records closing, un-signed artists have little recourse but to turn to the Internet. If you want to listen to new music, the Internet is going to be the place to find it.
What you mainly hear about, however, is what the big record companies have to say about online music.
They talk about piracy, and what do they say about that?
They say 'it's not fair to the artist!' 'You're ripping the artist off!' they say. 'The artist is not getting their royalties!'
The big record companies are really concerned about the artists in their stables. Right.
Let's take a look at how record companies 'take care' of their stars.
"According to Ronald Zalkind, in Getting Ahead in the Music Business (Schirmer Books), the expenses an artist incurs for record production often outweigh record royalties:
'Let us now hypothesize an artists with initial record royalties, on the sale of 100,000 units, of $40,600. The artist has a personal manager who gets 20 percent off the top, which reduces the $40,600 figure to $32,480. The average cost of producing an album today (which is what our hypothetical artist ran up at session costs) is $75,000. This means that the artist owes the record company $34,400. Also, the artist receives a $10,000 advance against royalties as bare subsistence income on which federal, state. and local taxes were paid. This raises the artist's outstanding debt, on his first release, to $44,400.
Now, let us suppose that the artist's second album with the record company sells gold: The initial payout, less container charges, is $203,000. The personal manager gets 20 percent, which brings the artist's take down to $162,400. The artist owes $44,400 from the first album, which further reduces the artist's gold record income to $118,000. Finally, the artist spent $100,000 on the second go-round in the studio and took a $15,000 advance. With a gold record on the wall, the artist after two successful album releases, has only earned $3,000.' "
The above quote is from Making Money Making Music (No Matter Where You Live) by James W. Dearing. (Writer's Digest Books)
Is it any wonder that we saw Don Henley appealing to congress about his and other artists recording contracts, saying he felt like an indentured servant.
Is it any wonder that more and more artists are turning to the internet to promote their music.
Even though mostly what we've heard about online music is about the piracy that goes on, and truly this is not right, what we will see more and more of is that online music is where to go to listen to new music.
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