Twenty five years of music biz madness... advice and stories for free...actual help with your music career not available..........Best of Luck.....
This morning I had a conversation with a musician friend about the demise of the music business. It’s interesting to note that some people are still arguing that the music business still exists. This is complete lie. The days of the huge labels controlling a massive industry are over. The labels that remain are pale shadows of their former selves. How did this come to be? It’s simple. They did it to themselves.
In the late 1980′s and early 90′s the music business underwent a format change. Vinyl records became obsolete and the CD became the new format. For the major labels (names like Columbia, Warners, RCA, BMG, Arista etc) this brought in a deluge of unearned money. It’s important to understand why this money wasn’t earned.
