The Truth About the Music Industry

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Music is universally known as an expression of emotion, rebellion against the man, a way of life, a random collection of sounds, an annoying thing kids listen to, or even a vacation from everything, but in reality music is free of all definition. The industry involved in buying, selling and recording of music has grown so old, treacherous, and ignorant that it can not figure out the steps it needs to evolve with the rapidly expanding music industry. Musicians and fans alike are screaming about the dire need of some modern day innovation in the market. Sadly the monstrous corporations that dominate the market have put a lid on the competitive edge, stopped the innovative changes any smaller companies can make. There are only three major record labels who dominate the market today and only one other company is trying to make its way into the ring. Yet there are numerous small companies that distribute and sell CDs of bands whose names will never make it to the dinner table, let alone the bar stool, and they themselves will never be recognized beyond those who are part of the company. Furthermore the bands are even bought from the smaller companies before the band gets too big and the small label gets to be known. Its a sad, sad story of big fish eat small fish and nothing has been changed since the beginning of recorded music! Many major points of issues that will be covered are the monopoly major record labels have on the music industry and how hard it is for up and coming labels/artists to make a living because of them. As a member of a band that has tried to make a start I have some experience as to how much work it takes, the kind of people it requires, and some of the long nights a show might entail. Furthermore I am a high... ... middle of paper ... .... 2014. Hatschek, Keith, and Casey Newlin. "Running Your Own Indie Record Label." Disc Makers Echoes Running Your Own Indie Record Label Comments. N.p., n.d. Web. 02 Apr. 2014. One, Jeriko. "How The Music Industry Monopoly Really Works." RapRehab. N.p.. 06 Jan. 2012. Web. 02 Apr. 2014. Owsinski, Bobby. "The Lie That Fuels The Music Industry's Paranoia." Forbes. Forbes Magazine, 27 Nov. 2013. Web. 05 May 2014 Rapaport, Diane. "How Record Companies Make Money." Music Business: Producers. Web. 04 Apr. 2014. Roosevelt, Quotations From Franklin D. "Quotations from Franklin D Roosevelt." Poemhunter.com. N.p., n.d. Web. 06 May 2014. Spellman, Peter. "Music Business Solutions: Music Business Education: The Real Reason Major Record Companies Suck." Music Business Solutions: Music Business Education: The Real Reason Major Record Companies Suck. Web. 11 Apr. 2014.

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