I recently read an article on the issues independent’s artist are having with the major labels carrying equity stake in Spotify. Ever since the story broke, the discussion has shifted towards artist compensation problems. It seems all artist are not equal and few would argue that the earnings they do receive are hefty.
It went on to explain that the problem isn’t unique to Spotify and the majors are still are a huge and critical supplier of content and blah, blah, blah…
Let me say this loud and clear. ALL ARTISTS ARE NOT CREATED EQUAL AND THE MAJORS PLAYERS (LABELS) STILL HAVE THE UPPER HAND. Like it or not, majors labels still carry serious firepower when it comes to content. Their artist’s presence is still heavily favored on most of the popular networks. And as always, somewhere buried underneath them are the independents.
So what does mean for the to the independent artist, label, or anyone attempting to make money in this new environment of abundance and freemium models? Well, we can continue to discuss it, hate on the major labels while still playing by somebody else rules, or we can personally start changing the game.