I got to thinking. What is to stop other artists from doing what Renaissance and Paolo Mojo did and start releasing more musical content that is only available digitally through Napster, Rhapsody, or Itunes. While I believe that as long as there are record labels, there will always be CDs and LPs, but I do believe that the popularity of the two, mainly CDs, is starting to slowly decay. As more and more younger generations are growing up and becoming introduced to the Internet, it will be harder and harder for these labels to push CDs on these kids when they have millions of albums at their disposal online.
The concept of selling an album exclusively through the Internet is not a new concept by any stretch of the imagination. Most famously, Radiohead released their most recent album, In Rainbows, on their website weeks before it was to be released in stores. The beauty of it was that it took the record label out of the equation and enabled buyers to name their own price. Whether you wanted to pay $100 or $.01, it did not matter to the band. The goal of this idea was not to see how much money they could make but rather to enable their fans to get closer than ever to them as artists and to experience what it was that they were trying to share. I feel like that is being lost these days with a lot of musical acts. They become too enveloped in the idea of “let’s make tons and tons of money” and not “let’s give our fans a say and give them something that we think that they would like”. I blame a lot of that on the modern music industry, whose motto is “what have you done for me lately”. To them, they couldn’t care less if the band is making good music; all that is important to them is what will make them the most money. I won’t say that money isn’t important because it is. Being a musician is still a job, and in the state that our economy is in, making money has become even more important. What I think is being lost in all this is a lack of any major record label tat gives the artists an opportunity to express themselves and make music that speaks to them. There needs to be a record label that says, “eh, while I may not be making as much money as Warner Bros. or Colombia, I am much more happy making music that my artists and myself can enjoy”. You could say that there needs to be a haven for all these artists to come together and change the traditional ways of music…
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