Connecting Risk-Takers, Doers, and the Makers of Things.
50 CENT'S $300 MILLION DEAL-WHAT ARE THE LABELS GOING TO DO?
50 Cent & G-Unit Records, its roster of artists and products "potentially" moving to MySpace Records in deal worth an estimated $300 million. Jay Z, U2 & Madonna moved to Live Nation in deals worth 100's of millions of dollars. Records sales continue to drop, and record labels are scrambling.
What does the future of the Record business look like?
What does the future of the Record business look like?
Views: 0
Replies to This Discussion
-
Permalink Reply by CathrynMarie on -
The future - Artist finally getting their money without a lot of hands in the pot. Downfall may come into place for music listeners, however tho.
-
Permalink Reply by Goldi Gold on -
bleek. Record companies been killin these cats for years. before the artist didn't have options, now it's a whole diffrent animal the record companies can't tame at all
-
Permalink Reply by Brandon "850 Ambassador" Mickens on -
It looks bad for record labels, but things are definitely looking up for the artist, especially, the independant and underground artist. To all my artist on the grind: "Let's get get get-it!"
-
Permalink Reply by Tabi Bonney on -
its looking very dismal for the record labels. They are not being innovative and are sticking to their same old mundane formula. It is a new age, a digital and global one in which brilliant artists can truly flourish if they have the foresight.
-
Permalink Reply by CJ on -
The downfall of the record companies began with the rise of the digital age... isn't it only fitting that their total demise come at the hands of a record company derived from it? Now that's irony.
-
Permalink Reply by kwame johns on -
record companies losing money and smart artist get a CHANCE to be rich. Artist that sign with a major will be forced to share monies previously untouched!
-
Permalink Reply by Marquis Smalls on -
It's going to look just the way it really should, with the consumer being able to directly access the artist and purchase what they want from songs, to albums to videos. The only problem will come in when artists fail to effectively market their own products.
-
Permalink Reply by D.Lemon on -
It's about the artists and the records now. Established artists are in a great position now, as long as they engage their fan base. New artists will have to campaign harder than ever to break through. Fortunately, many of the tools and platforms needed to create a movement are still free.
-
Permalink Reply by i. n. kazar on -
The labels will either update their paradigm to similarly make the content free and make money off events, or they can watch their empire crumble. I'm wondering, though, what will become of ASCAP and unionized efforts to ensure musicians get paid some kind of minimum ... the end-run around the labels is also an end-run around anyone having to deal with Musicians as an organized "labor" force. I myself feel equivocal about unions -- I think they're great in theory but in practice become just another mob, all too often. So I'm not expressing an opinion really, just adding to Mr. M's question.
© 2012 Created by 21st Century Hustle, Inc.
