The Devaluation of music

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thesisdrs
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Re: The Devaluation of music

Post by thesisdrs »

THEGREAT wrote:there is alot of graft in music .. its about maximising your audience . not a big fan of plugging music repeatidly . gotta embrace the times. just gotta find what works for you implementing market knowledge ( without compromising yourself on an artist base)


Agreed, You got to also study how the platforms you use to promote yourself make money! once you affect someone financially, most of the time, they'll bend backwards

for example. WWE Wrestlemania has a women's battle royal coming up soon and named it after the Fabulous Moolah, however her name is mixed within scandals of pimping other women as well as holding down other female wrestlers at the time... because of petitions which caught the attention of WWE's sponsors, Snickers, they changed the name.

Sometimes the reason why some people never heard about you is because Facebook and Instagram algorithms indicate your feedback isn't strong enough, only a percentage (about 10) see your post once you make it. If you don't get a number of likes and/or comments within 10 minutes, then their algorithms would redeem it something less likely to appear on someone's feed.

Got to understand how things work.
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THEGREAT
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Re: The Devaluation of music

Post by THEGREAT »

^

yessir . as stated previously . you either gotta do it all - make the music . do the artwork . setup website/pages . promote . know how promotion works n how to monetise .

or try getting signed and let the label do some of the ground work

..

or find a team or co promoters to help
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thesisdrs
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Re: The Devaluation of music

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Labels won't sign you unless you have some sort of credibility. They will not invest in a potential bust. I came to the realization that labels are like banks that give you loans... so you have to have some sort of projection of sales that they can see for themselves before inking your name on paper.

I want to stay independent anyway. I hear the deals some of these artists are on...

Has anyone heard of Bob Lefsetz? I subscribed to his news letters and he always has insightful input on music and the world today.
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Re: The Devaluation of music

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i think indipendent is the best option for most people . that mainstream exposure is priceless if you can get on . but there are avenues and companies you can pay to position you
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Re: The Devaluation of music

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Interesting stuff from Forbes on how the music industry is putting itself out of business and the devaluation of music itself.

There was once a time when mid-level bands with a modest following could make a pretty decent living playing music. They’d put out a record, sell a couple hundred thousand copies and then go on tour to promote it – which would drive additional sales, even as the tour itself was lucky to break even.

For the largest acts, this formula was a bona fide moneymaking bonanza, lining the pockets of all involved, including the musicians, managers, promoters and record labels. For everyone else, it didn’t produce vast riches but nonetheless supported careers and promoted the creation of new music.


Times, however, have changed. Besides a handful of superstars, it’s impossible for bands and musicians to generate significant revenue taking this approach. And the reason is simple: Consumers won’t pay much for music.

Napster jump-started this trend back in the 90s, pirating content and making it available online, producing a generation of listeners who didn’t value music because they were able to download it for free. Then, streaming services basically continued the practice.



The likes of Pandora and Spotify don’t steal content, but they still offer it for free with the support of ads. Others such as Apple Music and Amazon Music obviously aren’t stealing either and do charge users, but it’s a nominal fee. Both models result in most artists getting the shaft, receiving, in most instances, less than a penny per stream.

Incidentally, from an investment perspective, the streaming services themselves aren’t faring much better. Pandora and Spotify have always struggled to turn a profit, while Apple Music and Amazon Music are money losers, in place as part of broader distribution play that merely supports other parts of their company’s other businesses.


The reason for these struggles is pretty simple. As music shifted from a product-based business (CDs and individual downloads) to a service-based business (streaming), no one was able to create a model to support that transition adequately. At roughly $10 a month these companies have been giving away music at a loss, and until that price point rises, perhaps as high as 100%, there’s no reason to expect any of them to achieve profitability.

A great irony of all this is that music has become devalued at a time when there are more ways than ever to promote it, thanks to social media platforms like Facebook, Twitter, Instagram and Snapchat.


Because of these industry growing pains, musicians have had to adjust. Some have begun to focus their efforts on brand building, using their music, in effect, as a form of advertising to hock products and services for companies. Megastars like Beyonce and Lady Gaga, and Michael Jackson before them, have always done this, pushing everything from soft drinks to clothing to fragrances.


More and more, musicians from across the spectrum are pursuing this path to prosper. One good example is Gary Clark Jr., a talented artist but hardly a household name who has endorsement deals with Lincoln and John Varvatos. In the past, purists probably would have called him a “sell out.” Now, it’s called getting paid.

Ostensibly, playing concerts is another way to boost the bottom line. But save a precious few, most musicians are neither able to draw big audiences nor command the type of prices that make touring worthwhile – and the ones who can are senior citizens who play to audiences that are either roughly the same age or only slightly younger.

Bruce Springsteen (67), Paul McCartney (75) and the Rolling Stones (formed in 1962) were among the top-grossing acts last year. Also on that list was Guns N’ Roses, the founding members of which are all in their fifties. Even the surviving original members of the Grateful Dead tour successfully more than 20 years after the death of Jerry Garcia. An orchestra ticket for their upcoming show at the Hollywood Bowl in Los Angeles goes for nearly $400.

Who are the next generation of stars that will replace these aging performers, and does it even matter given the current generation’s preference for festivals like Coachella or Glastonbury etcetera where the music is almost incidental to the experience?


Some probably question why anyone should care about all this. After all, the consumer is winning, since the principal fallout has been that accessing music content is cheaper than ever before. Further, large industries have always gone through difficult transformations – what makes the music industry’s struggles any more noteworthy?

The reason is that without meaningful changes to the way musicians get compensated, creativity will suffer immeasurably – and with it, the entire music industry. Consider that the revenue streams created by record sales and concerts once formed an informal infrastructure that continually bred new artists. Without such revenue streams in place – or something similar to replace them – the time will come when musicians will have no practical way to stay afloat, forcing them to give up and many would-be ones never to try at all.


All of which means that the music business may not be much of a business at all before too long.
Last edited by Danswift on Thu Mar 22, 2018 10:47 pm, edited 2 times in total.
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Re: The Devaluation of music

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@Dan Swift: great read!!
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Re: The Devaluation of music

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Kegeratorz wrote:@Dan Swift: great read!!


+1
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thesisdrs
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Re: The Devaluation of music

Post by thesisdrs »

I would still make music regardless... but I do see the decline.

Your music has have to be the soundtrack towards something bigger than the music itself.
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Re: The Devaluation of music

Post by SOUL CHOPPA »

KIYANI wrote:Today everything is devalued.

The internet and social media has been a disease that is subverting people's subconscious minds.

Nowadays everything is instant, download a movie in 2 minutes, a whole discography of music, look at all the art in the world on instagram, and tutorials for just about everything you could ever want to know are on youtube.

I think now there are less people who spend TIME to master something and be good at it. People can be semi good at things nowadays but understand it less. They want to be famous and have a lot of followers and views and likes straight away. And if they don't get that validation then they drift to something else that will provide it for them. People spend more time pruning their social media profiles and web pages and instagram stories than actually practising or being a real G in the streets. Now hip hop is a bunch of faggot poser kids behind a computer screen more than it ever was. And it will only get worse


Great post
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Re: The Devaluation of music

Post by zendanisdead »

Danswift wrote:Interesting stuff from Forbes on how the music industry is putting itself out of business and the devaluation of music itself.


All of which means that the music business may not be much of a business at all before too long.


this means we need to fight back against the digital era of streaming and start making "retarded hard copies" as mf doom said

dub tapes and slang em, there's a niche market for people that are getting back into the hard copy music as they realize that digital files don't hold the same value.

(lol i took that doom quote out of context btw)
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Natalen
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Re: The Devaluation of music

Post by Natalen »

Selling merch will always be a great way to attractmore people and to get income. While promotional items are quite cheap for you, you can sell them two or three times more expensive and it will help you to have the money which you can spend on gear.
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