This was more true when the labels were running everything. Now you can get a lot of the material more-or-less directly from the artists on various platforms. Instead of artists getting 5% of the $$$, they can get 70%+.
Just saying that not everything you listen to is necessarily by a band signed to a label. A lot of newer talents have gotten wise to the scam the labels have been running (for the same reasons you articulated - who would knowingly sign up for that?) and are putting things out themselves instead.
Ah, that makes sense, but I only listen to the same artists I have been for 20 years (or artists that I’ve discovered that have been active for that long), so not much has changed with the labels for me specifically.
This was more true when the labels were running everything. Now you can get a lot of the material more-or-less directly from the artists on various platforms. Instead of artists getting 5% of the $$$, they can get 70%+.
Just saying that not everything you listen to is necessarily by a band signed to a label. A lot of newer talents have gotten wise to the scam the labels have been running (for the same reasons you articulated - who would knowingly sign up for that?) and are putting things out themselves instead.
Ah, that makes sense, but I only listen to the same artists I have been for 20 years (or artists that I’ve discovered that have been active for that long), so not much has changed with the labels for me specifically.