“As is the position of the artists on the stage. I’d be much more impressed if they all ankled their deals, got rid of the major labels and went it alone. That’s why they’re not making much money on Spotify, not because of the free tier, but because their deals suck. But these same deals apply on Tidal! They’ve got to license the music from their bosses!”
That’s where it hurts. Those massive stars don’t own their own music and can’t make money off of it as they’d like to. You might have a shop but you’re still a peon, my friend.
It makes me think of Unlocking the Truth and Sony. I hoped they would not fall into this industry mess but they did and they’re already fed up with it.
We have tons of examples from the past century, century of how the music business is quite a nasty beast. And yet they offer me $1.8M tomorrow for a couple albums, I don’t really know how I would say no. But then again:
Read The Fucking Contract. Resist. Think long term. You signed to get fucked in the end. Classic.