(no title)
prvc
|
8 months ago
I assumed the article would be about orchestral musicians (for whom there is a high, and increasing skill threshold) or session musicians (whose work is increasingly being replaced by computer synthesis). Instead, we get a very long narrative about a rapper who is still struggling to "make it" as a recording artist. In the era of sound recordings (which began well over a century ago) there is little incentive for the consumer to choose one with middling appeal over the most popular options. This makes the task of becoming a star, but on a small scale, a difficult one. Instead, a prospective "middle-class musician" must find a niche of some kind, perhaps by focusing on the local market. For example, a busker could potentially make more (than his cited $250k in recording revenue) over a period of 9 years with sufficient dedication.
wwweston|8 months ago
We decimated recordings as a revenue stream (and literal decimation might be wildly generous, given that stream payouts frequently never add up to a single sale for many artists). We let people peddle the lie that artists can just find some other revenue source like merchandising or another job or anything else rather than paying for the thing people ostensibly value.
Minor league success was never an easy proposition but we had a chance to give it better margins. And we let Spotify and others eat those, and let too many people tell comforting lies to consumers along the way.
And without a major cultural shift, we will do the same thing for everyone eventually.
freddie_mercury|8 months ago
a) just a theory not a proven thing and
b) based on flawed assumptions that were quickly disproven. See the 2008 paper "Should You Invest in the Long Tail?" finding that consumers don't like niche products and the bottom 80% sold $0, contrary to the theory's prediction.
https://www.hbs.edu/faculty/Pages/item.aspx?num=32337
Had nothing to do with merchandising or whatever. The Long Tail was never correct.
unknown|8 months ago
[deleted]
chickenzzzzu|8 months ago
If hundreds of millions of people decide to use Spotify and Youtube to obtain their music, and if that means most artists are shafted in the process, no secret organization enacted some conspiracy to achieve that. Instead, technology enabled a new form of consumption, and producers faced a new level of competition.