Is Music dying? Shares of UMG tank after deceleration of streaming revenue....

The Intergalactic Koala

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That makes the most sense. Singles on streams but album cuts are only available if you purchase the album.

It used to be that way in the beginning stages of iTunes.

Sadly, between piracy and the direction of music on a digital level, it was either put the entire album out or just settle with a dying physical market.

The main issue with music is oversaturation. You have a billion artists out there and over a million albums per year.


Look at the album releases from back in the 90s and early 2000s. It was far and in-between. Compare that to the shyt load of content out nowadays. How can the average music listener play catch up when they are still teething off of the album from last week?
 

⭐⭐⭐⭐⭐

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Furthermore all the top brass of the business have left and retired, and due to nepotism there degenerate kids are now in positions of power within these organizations and they gave you ice spice they spent the last year promoting this and nobody bought into it debut sales of 20,000 this is brought to you by the Sun of one of the most powerful CEOs of the industry. If you just look at the guy you get the image of somebody who probably still wakes up at noon
For the same reasons, this is why the mafia is not what it was once
 

satam55

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shyt ain't working brehs. There's like 4-5 major artists, a few that are bubbling and that's it.. everyone else the industry tries to push gets their 15 minutes and fizzles out. Also, everything is way too fragmented.

Brehs, is there a YouTube clip of the podcast epiaode in the article? If so, could you post it in this thread?
 

Still Benefited

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Thing is, the industry killed itself.

All that greed and exploitation caught up with the business. Now, they're trying to find new ways to rob artists, but the same tech they wanted to invest in, is causing people to spend less. So the industry is losing bread left and right, and artists are finally starting to learn the business and understand they don’t need the labels anymore.

They've created mad overnight entrepreneurs because artists woke up and saw that they didn't want to get got like all the other artists who came before. So the industry is scrambling now to find other ways to steal from artists, but the money just isn't coming in the way that it used to. 10-15 years from now, none of this will look the same.



Ahhh both the artist and execs being caught in that cruel unforgiving loop. We wish them all the best in their future endeavors:respect:
 

Drake's Tan

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shyts kinda weird because u would think it would be more easier in the age of the internet.
I think it would be harder, and it seems to be harder, because over saturation in the attention economy.

Lots of outsiders and non-stop forms of entertainment and distractions make it harder to really build a star now.
 

Kenny West

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The current attempt to kill touring may be the last straw as artists realize how fukked they are on major labels. Multiple artists across multiple genres have recently fallen prey to a record label allowing some private equity bozo to book them an arena tour they can't fill, because "on paper" it's more profitable than the smaller venue tours. Those smaller venues were once the bread and butter for artists, who could simply live on the road for a year 6-12 months and make bank.

IMO it's always interesting to watch artists who are on the verge of being the next superstar, to see how their shyt is being handled. Right now that means watching Chappell Roan. She just added a bunch of tour dates in the Midwest, in between the various big festivals she's attending. A lot of her shows are amphitheaters, which are 5k-20k venues that artists used to tour before moving on to arenas. However the bulk of her tour was announced last year, before she blew up. Flip side SexyRed's upcoming tour (many dates of which are arenas) was announced after she "blew up" yet it looks like she's going to fail to sell it out. We'll know for sure in a couple weeks.

My point is that this shyt falls apart when a label decides that the things the small things are no longer important. Over a decade ago they decided A&Rs (and artist development) wasn't important. Now they're deciding building (or maintaining) fanbases through touring is no longer important. I think Roan's success is likely an exception to the rule, and instead of realizing that her touring small venues over the last year is a major reason she's blowing up, someone in a suite is looking at numbers that say "if we had put her in an arena in September 2023, her current tour would have made x more due to later sold out dates out weighing the earlier dates struggling..." No you retard, her tour would have been cancelled months ago if that was the case.
With all due respect you don't know the business. The record label boogeyman narrative I grew up on looks funny in the light when I began meeting some of the players in the game and learning about the business IRL.

It costs money to make people famous. It costs money to put out a record. (With no consideration on whether or not it's a hit). Whether it's radio DJs, ad platforms or social media influencers, palms had to get greased for the names of all your favorite artists to first get out there.

People call for artist development but would call an artist "industry plant" if it doesn't appear that they were yanked directly off the streets and put on stage. We call for artist development yet consume microwave artists and champion meme songs/artists. They call for investment in rappers who got attention for rapping about drills they did, only for them to get smoked shortly afterwards. When these things flop the labels and promoters take much bigger soul crushing losses than the artist.

I can't take threads like these seriously anymore because nikkas are disconnected from how much money goes into an artist on the front end that. Mfs want to recoup. It wasn't a guarantee back when music used to actually sell and they made money on publishing, it has to be hell now. Now we're in a landscape of ADHD fandom for microwave rappers and consumers who don't buy music. Dudes will get multimillion dollar advances to flex on their broke peers and have millions put in the street for them just to flop. Yet when they get sympathy when they hop on IG Live years later crying about record label devils blah blah.

Also touring is how the artists eat and that shyt is moreso handled by their managers. Dropping music isnt the be all end all, it's supposed to be stimulus to drum up demand for tour dates, that's how artists really eat. The call to do large venue tours vs small ones is made by promoters.

Most of the tone deaf big tour fails recently is the work of Livenation. They're ok with taking the losses because they're also playing the game of locking up talent into their touring contracts so other promoters can't get them and driving up the costs of artists to hurt them further. Most of the problems in the concert promotion space is semi related to Livenation.

Unless the contract is entitling the label to touring revenue (which is rare but happens more now) labels don't give a shyt about the tour except as a barometer of popularity.

Source: Several close friends in the industry, family members who are DJs and promoters
 

skillz2

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Great music will always continue to be made regardless it may get harder to come by but I believe it will always be out there.
 

Dzali OG

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I keep seeing the term "oversaturation" too. Which is comparable to over population. Whenever this happens in the world, the affected only have one option: to begin thinning the population. If not, everyone will starve.

It's past time for a hip hop purge.

Emcees need to be on a mission to kill careers....musically. And it's not necessarily hate, it's competition and ensuring your family eat.

Not too different than the dope game. Imagine trying to get your bag and there's a thousand lil nikkas selling 2 for 5.
 

Wild self

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It used to be that way in the beginning stages of iTunes.

Sadly, between piracy and the direction of music on a digital level, it was either put the entire album out or just settle with a dying physical market.

The main issue with music is oversaturation. You have a billion artists out there and over a million albums per year.


Look at the album releases from back in the 90s and early 2000s. It was far and in-between. Compare that to the shyt load of content out nowadays. How can the average music listener play catch up when they are still teething off of the album from last week?

Blame Master P with the "flood the market" formula that Lil Wayne, Future, and Gucci Mane followed. Oversaturation of music with hot beats and no replayability is what led to people taking music for granted.
 

Pazzy

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The music industry NEEDS to die. Yall not sick of the horror stories yet? Let it burn
 

Rekkapryde

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TYRONE GA!
MUSIC WILL NEVER DIE. THE ABILITY TO GET PAID MILLIONS FOR IT MAY GET HARDER.

the days of eating well when you wack but getting pushed by the label are drying up.

older legacy cats are eating well in other genres.

but the current record label music industry structure is dead.
 

King_Sage

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Music game isn't dead. Archaic business model is.. new record distribution is Google, Apple, Spotify, Tiktoc, etc...

the only issue with music now is quality control and artist development. fix that, and you could still do good in music

edit: add in marketing too
 

Yehuda

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Don't care if these artists aren't making millions anymore and as far as streaming goes I've never liked the idea of paying a monthly fee for some shyt I don't own and they can take down at any time due to label politics or whatever.
 

Regular_P

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It used to be that way in the beginning stages of iTunes.

Sadly, between piracy and the direction of music on a digital level, it was either put the entire album out or just settle with a dying physical market.

The main issue with music is oversaturation. You have a billion artists out there and over a million albums per year.


Look at the album releases from back in the 90s and early 2000s. It was far and in-between. Compare that to the shyt load of content out nowadays. How can the average music listener play catch up when they are still teething off of the album from last week?
What notable artists have released this year besides Eminem, Future and I guess 21 Savage?

That J Cole release was a mixtape. I'm not counting Lupe Fiasco, Benny the Butcher or Schoolboy Q.
 
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