Quote:
Originally Posted by MovieBird
Also note this is NOT for mainstream music, or even trendy undercurrent music like dub step. This is for nerd music.
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OK, so that's
one artist who has made money from recordings.
Meanwhile, global recording revenues fell from a peak of $26.9 billion in 2000 to $16.6 billion in 2012.
But let's not get too far off track. Namely: Music started trying to disintermediate as far back as 1997, with efforts like MP3.com. And yet here we are, 15 years later, and the structure isn't much different. Most of the top 100 are artists on big labels, with the occasional indie label poking in.
Despite the dreams of numerous musicians hoping to be free of the evil record labels, we have not wound up in a world where the overwhelming majority of musicians earn a living by selling their recordings directly to the public.