We talked about this a lot at my music college last year bout this. Kind of important to us becasue it was a modern music school. Thats a good article man. Nice job.
I think that eventually record labels will go completey unless they change. Theres not much need for them now. Home recording has come on so much that pretty much every band can get something recorded and with the internet, out there to the public. You can see that form all the company owned studios closing. In London now theres no where near the amount of quality studios there were ten years ago. Only the places like Abby Road have a guarenteed future just because of the history and quality of their recordings. It helps to outline the leaps and bounds in the home recording aspect of the mucsic industy, so its not all bad lol. But for the RC's to survive they have to change this attitude and look forward.
http://uk.gizmodo.com/2007/11/28/univer ... .html#more
I think RC's will move in to promotion and touring much more then they are now. It makes sence as most bands would say thats where most of their money is made. Esecially metal bands, thats why a lot of them tour pretty much all the time (Bodom and Dragonforce are two bands that come to mind for touring a lot). I can see them buying up the larger promotion companys if they haven't already.
I think that while the cd still has a few years (a decade maybe??) left to go, its days are numbered. I gotta mention radiohead here to.
http://www.radioheadstore.com/stick.asp
That is a fucking good idea! People who don't mind about not having a physical object can just download the album as mentioned in jadens article, but for those fans that like to have something to hold they got the usb stick. Once you got the music on your computer you could just use it as a cool looking memory stick. I expcet quite a few other bands with have taken note of that. Just found out that J - Lo (lol) is doing it now
http://stuff.tv/news/j-lo-on-a-memory-s ... fault.aspx
Also if history is anything to go by the cd will soon join its predecessors in the catogory of obsolete. Record, 8 track, tape. Cd will be next.
I do think the big artist will be able to make money in this (the radiohead thing) way. Weather or not they choose a RL to help them with promotion is something we will find out in years to come. Theres already a small list of big artist going without RC.
And noodles, bout there being to much music out there. I think sites like this one have already helped to see the best bands rise to the top. If a band is serious about doing it for a living then they must get good reviews from as many types of media as possible so that they can get people to come to their gigs. No people at your gigs means no money, no carear. So even tho there will be more artists, most of them are gonna be shit and won't get anywhere thanks to sites like this (in all genres) helping music fans find the good music. And the easy of recording + self promotion will be a great thing because the bands thats are good will be able to get their music out there to a potentially global audience. Thats surely a good thing? Downloading is pretty much inevitable, thats why i think RC will move to promotion and touring in a big way. And smaller bands will focus on doing great live shows rather then spending lots a on a top quality recording thats only gonna be d/l for free then listened to on pc speakers. May as well record a cheap album and give it away.
I could go on but thats pretty much my thoughts on the future of the Record Labels. Good thread jaden