I remember when I first heard of 2 major labels closing down in the same year, I panicked for days and tried to warn everyone that things are about to go side-ways.
Maybe it’s just me and how I look at things (I generally don’t like a lot of change in a short space of time, it makes me nervous, but so are unplanned major events that crop up, girlfriends that come knocking at the door unannounced…). To my surprise the worst didn’t come as a sudden reveal, it happened gradually within the industry.
Now I think I’ve seen what became the ultimate results. The music industry has been down grading roles; artists don’t release physical (CDs) albums for anything more than to have an expensive business card on their way to the “next level”; major labels no longer sign albums, they sign singles (I actually went through this process with one of the artists I’m managing lately); Independent labels are managers, managers are promoters, promoters are Djs, Djs are just way too many.
(Talk about the many Djs, imagine if they bought half the songs on their Dj bags? We would all be super rich I’m sure, but this article is not about them… back to my point)
Am I the only one who is seeing this? What is your take on this steady decline of roles within the industry? and what do you think will happen next?