Who killed the music industry?

Interesting read on just how little you can expect to make when you make it big.

http://http://pando.com/2013/08/05/who-killed-the-music-industry-an-interactive-explainer/

But the musicians didn’t get to keep all that cash. There were “recoupable expenses” paid out of their share to cover recording, touring, and music video expenses. The lead singer of Hole, Courtney Love, wrote the definitive takedown of this model all the way back in 2000. She estimated that if a band made an album, sold a million copies, went on tour, and made two music videos, the band might break even, but the record label would take home $6.6 million:

“Worst of all, after all this, the band owns none of its work. . . they can pay the mortgage forever but they’ll never own the house. . . The system’s set up so almost nobody gets paid.”

The lead singer of Hole, Courtney Love, wrote the definitive takedown of this model all the way back in 2000. She estimated that if a band made an album, sold a million copies, went on tour, and made two music videos, the band might break even, but the record label would take home $6.6 million:

 

“Worst of all, after all this, the band owns none of its work. . . they can pay the mortgage forever but they’ll never own the house. . . The system’s set up so almost nobody gets paid.”

She's exaggerating of course; you'll not see her stacking shelves in a Walmart any time soon.

Simon Cowell , Universal , Stock Aitkin & Waterman

She's exaggerating of course; you'll not see her stacking shelves in a Walmart any time soon.

Heroin addict signs terrible contract, makes terrible music that no one wants, and then whinges about it.

Hole were a band that were promoted way above their ability to keep an audience.

She's exaggerating of course; you'll not see her stacking shelves in a Walmart any time soon.

Mainly because she's been living off the profits of a much more successful band. Two if you count Billy Corgan writing half of her most successful album.

Simon Cowell , Universal , Stock Aitkin & Waterman

Why is it their fault that people like (and buy) simple catchy songs with no discernible value? The only thing they're guilty of in that respect is making more of what people want.

The gormless public are to blame, for their increasingly lazy acceptance, then appetite for cultural readybrek.

I can't say i've noticed the music industry being dead

I can't say i've noticed the music industry being dead

Me neither.

The scene has changed dramatically from recorded to live. Awesome because that means they still make records and on top of that are forced to develop a good live set (I have seen soooo many terrible live acts).

You can actually tell in the way music has developed over the last three decades and it can only get better.