ipl-logo

Why Are Record Labels Losing Out

508 Words3 Pages

The P.R.O. or Performing Rights Organization are the entities that help songwriters and artist get proper pay (Robly, 2013). The distribution platform has been structured to where Artists and Musicians can cut the middle man out, but the only way artists can receive full royalties is to register with a Performance Rights Organization (Fini,2012). The purpose of this qualitative research is to reveal the deteriorating music industry, and show how digital streaming serves earn percentages from Artists and Labels. The internet opened global avenues up for independent artists and musicians. The music industry has been a step behind due to illegal sharing of music and the transition to the digital model. Napster and Audio Galaxy were early file …show more content…

The reason record labels are losing out is because they were only the middle man, which does not exist (Morris, 2017). Artists have access to digital aggregators that will distribute their music for them which will generate their royalties directly to the artist. However, record labels also carry traditional responsibility such as recording, producing, advertising, and publishing but that is no longer needed. Record labels still search for talent, but they often find artist who have created a major buzz on social media. Popular digital streaming distributors such as Apple Music, Tidal, YouTube, Spotify, Deezer, iTunes, and Amazon allow music to be bought at a cheaper rate and 2009 sales were less than sales in 1973 due to illegal downloads and sharing (Kleurvision, 2013). Streaming revenues in 2012 were up for the first time since 1999. Napster is the center of attention in a data chart showing declines in the Industry. YouTube, Spotify, and iTunes are digital distributors that stream music which generate royalties. In 2010 David McCandless published an infographic on his website that reveal how much musicians earn from sales and streams (Stuart,

Show More
Related

Cpt112 Unit 2 Assignment 1: User-Based Analysis

2278 Words | 10 Pages

There are a number of other music streaming services in the market, the main competitors being Apple Music and Pandora. The first music streaming service I ever used was Apple Music and the selling point for me was the integration of Apple Music with your existing iTunes library, so you see all your music side-by-side. This functionality was error-prone, as it didn’t allow for cross-device syncing, meaning you have to re-download and recreate your created playlists. This became far too frustrating to deal with (amongst other issues) and so I moved to Spotify. The changeover was almost seamless as the basic structure and design of Apple Music and Spotify are very

Read More

What Role Did BMI And ASCAP Play In The Music Industry

497 Words | 2 Pages

They offer workshops, seminars, and networking opportunities for music creators to learn about the music industry and connect with industry professionals. Furthermore, they offer tools and resources for members to manage their music rights, track their royalties, and protect their intellectual property. One important tool that BMI and ASCAP use to manage their members' music rights is the use of performance data which is collected through various sources, including radio and television airplay, live performances, and digital streaming platforms. BMI and ASCAP use this data to identify which songs are being played the most and which artists are receiving the most airplay. This information is then used to distribute royalties to members based on the frequency and type of use of their

Read More

The Drums Rhetorical Devices

764 Words | 4 Pages

The entertainment industry encompasses the composition, production, and marketing of music. The music industry has emerged as a dominant business and has maintained popularity by means of adapting alongside social movements, and representing different major classes of society. Music has been used by entertainers as a method of expression, and therefore often sheds light on prominent issues by illustrating relatable stories, or reactions to common problems. For example, The Drums, a modern Indie musical group, has composed the lyrics to the hit song “Money” to include imagery and repetition that work to expose the everyday struggle that impoverished Americans undergo.

Read More

Symbolism In Indian Horse By Richard Wagamese

1145 Words | 5 Pages

Everyone needs a coping mechanism to overcome their problems and in Indian Horse by Richard Wagamese the protagonist Saul uses hockey to escape his issues. There is racism still torments people all around the world to this day, and this is no different for Saul, who experienced racism from a young child to a young adult. In Indian Horse Richard Wagamese describes Saul’s journey with hockey, at St. Jerome’s he was first introduced to the game by Father LeBoutillier, he used this hobby to escape from his problems, later leaving and joining the Moose, a community filled with other Ojibwe players, lastly, his hobby turned more into frustration with joining the NHL, highlighting how hockey was both a gift and a curse to Saul.

Read More

What Is The Difference Between Syd Nathan And Sam Phillips

1847 Words | 8 Pages

The similarities and differences between these two great music producers and record producers who contributed to pop music and rock music from about 1950 to 1975, Syd Nathan and Sam Phillips. Both Syd Nathan and Sam Phillips wanted the best of pop and rock, but their differing decisions about pursuing music and generating revenue led to the label's survival; also reflecting the current period for the commercialization of music is highly valued. This theme will reflect the entanglement between music and commercialization, as making music and making money are mutually reinforcing things. This paper will analyze three aspects of Syd Nathan, Sam Phillips, and the record label they created, which are the categories of music, the revenue generated

Read More

Record Labels And Artists Cannot Persuade Listeners To Buy Their Music

551 Words | 3 Pages

Nowadays, record labels and artists cannot persuade listeners to ‘buy’ their music. It is believed that the aspect of music has changed due to the popularity of music streaming. Allen (2013) agreed by stating that music streaming has changed the view of people in the industry of music. For example, popular music streaming services such as Spotify and Pandora and a number of new music streaming applications provide the easiest way for listeners to enjoy music freely without having to do illegal downloading or buying a CD. Likewise, Listeners have the ability to choose the music they want to listen.

Read More

Argumentative Essay: Why Artists Should Be In Commercials

614 Words | 3 Pages

Advertisements help pay an artist’s bills which allows them to make more music. Commercials can also help pay for the costs for tours and artists can make an innumerable amount of money. Promotions can bring a more varied audience to a musician and can help bands gain popularity. By having more people listening to an artist’s music, a musician can be given a sense of reassurance to write more songs. Recently people are debating about whether advertisers should be allowed to use a musicians’ music.

Read More

Vinyl: The Cost For The Australian Music Industry

248 Words | 1 Pages

Vinyl has experienced an enormous economic growth over the past decade, with physical formats now accounting for 30.6% (107.9 million) of the total music industry as of 2016. For the first time in history, the amount of money spent on vinyl had surpassed even that of digital downloads in the UK alone reaching 2.4million pounds compared to the 2.1million made from digital music purchases. It was also the sixth consecutive year that vinyl had seen an increase in sales (in Australia), with a 70% upsurge in value (15.1 million) from 2015 to 2016. So how is it that a format of music that seemed non-existent five years ago is now a dominant source of income for the Australian music industry? Through the research conducted it was apparent that

Read More

Argumentative Essay: Why Artists Should Use Their Music In Advertising

572 Words | 3 Pages

Do you prefer to listen to music? Many of people do. The musicians sell their music and receive large sums of money. However, recently, there has been a large increase in popularity for music streaming services. To keep making money musicians have been required except endorsement deals from large corporations.

Read More

Artists In The Music Industry: A Case Study

1101 Words | 5 Pages

How does it compare to the artists that have a record label? A record label provides an artist with a contract taking a cut from their earning in exchange to use their studio and equipment. For artists without a history in recording music, the label is more involved in providing the artists with producers, recording studios, song writers which may give the impression that the record label controls the artist’s vision of making music. Chance the Rapper has openly talked about his dislike towards record labels trying to force artists into writing controversial songs for promoting their company.

Read More

Corruption In The Music Industry Essay

1046 Words | 5 Pages

Artists and producers used to make most of their income from physical copy sales. Now most of the income usually comes

Read More

How Has Music Media Changed Over Time

582 Words | 3 Pages

Now for this generation we have many platforms to use for our music for example, Apple Music and Spotify, two very popular platforms that have an unlimited amount of music you can listen to anywhere and anytime but a small monthly fee is required. Spotify was created in 2006 making it the first App where you can listen to all music and it is easy downloadable and not illegal it will also not bring viruses to your phone. Later on in 2015, Apple music was created and that got everyone very excited because whoever had iPhones did not have to download an extra app but they could just download music straight to their phone by searching it. The only downfall is that they require a

Read More

Media Ownership And Diversity Within The Music Industry

178 Words | 1 Pages

Many artists are discovered via the Internet such as Youtube, according to Techinsider the Artist the Weeknd was discovered on Youtube. I reason that the music industry needs to take chances on new artists and not wait until they already have a fan base for the labels to get behind

Read More

Pestle Analysis Of The Music Industry

2724 Words | 11 Pages

According to RIAA statistics, the blossom of the industry began with the comparison of offline and online sales. With the popularity of digital, music industry focused on new strategies to develop their companies. From the above analysis it can be understood that the Music industry in UK is flourishing. But it still may be assumed difficult target for a new company. Internet and new technologies are developing every day and decline more and more new entrants in the market.

Read More

Music Industry Advantages And Disadvantages

1452 Words | 6 Pages

Although it has produced a new form of piracy, the advantages of music streaming far exceed the disadvantages. Indisputably, music streaming is the future of the music industry. The projected value of the music streaming industry in 2020 is 16.5 billion USD (P. Schoenfeld Asset Management LP (PSAM), 2015) is and that suggests how the music streaming business will only get bigger from here. The music industry has to adapt and adjust to the development of music streaming in order to maximise its potential and yield the most benefits. As Leon C. Megginson so aptly put, “It is not the strongest or the most intelligent who will survive but those who can best manage change.”, without the ability to adapt, anyone would be left

Read More

More about Why Are Record Labels Losing Out

Related Topics

Open Document