In the music industry at one time the artist or band or even just the music itself is what all the fans raved and talked about. The record company has always been the silent giant everybody new was there but not alot of attention was aimed in that direction. Now that has changed just as much if not more than music itself today. The record companies are the money behind the artist, so any advances the artist needed came from the record company, just about anything the artist needed came from the record company. Marketing costs, promoting etc. Like in the movie Ray, the record company bought Ray a car, later on he asked for some money and they said "remember that car we bought you"? There goes your money from your record sales just like that. Kind of messed up but that's how its been for quite some time. Today artist are almost forced to sign whats called a 360 Deal. In addition to the record label getting a portion of record sales under the 360 Deal they get a cut of EVERYTHING the artist does. That includes live performances, downloads, endorsement deals, merchandise and ticket sales. If somebody wants to use your song in a commercial guess what? the record company gets a piece, even though they had no hand in getting that deal done. 360 means 360! Of course the record companies will put there spin on it to make it look like a viable option. Some record companies are only offering 360 Deals, these are some of your major labels doing this as well. The reason for all this in short is so the record company doesn't lose their shirt. With the birth of the Internet music is finally catching up, that's good and bad. As a fan its actually great!! Because now we don't have to ask mom or dad for a ride to the mall to buy the latest album like I had to do in my day. Now its just go to your computer...excuse me.. your desk top computer, cell phone, laptop, ipod, ipad or tablet hop on any number of websites that allow music downloads search and download until your is content sometimes for free. Kind of hard for the brick and mortar record store to compete. That's great for the artist not so much for the record company because that artist is selling more records that way and the record company still gets a cut but here is the problem. Music on the net is starting a shift as well, soon there will be no charge for downloading any particular artist material to make up for this predicted loss we now have 360 Deals. I will close with this, I think some artist deserve a 360 Deal, you know the artist that cant really sing, the one that does no writing of any of their material, cant read music cant play any instrument, does this sound like a person that should be in the music industry? I don't think so either but that is where we are in my opinion musically today. If you fall in that category you need to be giving all that up. Lets say you are a artist like Prince or Rick James, triple threats:singer,song writer,producer not that many around like that anymore oh yeah prince can play pretty much any instrument he puts his hands on. Rick James played the Guitar, Keyboards and the Drums. That's the stuff artist should be made of .
Peace,
K.A.O.T.I.K THOUGHT
K.A.O.T.I.K THOUGHT
(Keep All Oldskool Traditions In Konscious Thought)