Experienced music, media & technology entrepreneur // Creator of MusicBusiness.Pro newsletter (subscribe below)
💡This is a total no brainer💡 Never forget to flex your independence... As an artist you want to work with the best collaborators possible. As a songwriter you want a bigger share of the value you create. And while major labels resist, this becomes an opportunity for independents to attract amazing talent over to their projects by offering better commercial terms. Old school competitive advantage. Traditional businesses are slow to evolve their models. The Innovators Dilemna. Go all in and maximise the opportunity to move fast until this is the norm. Which it will be. #innovation #businessmodels #musicbusiness https://lnkd.in/ez3mbQas https://lnkd.in/ez3mbQas
CEO @ Flying Brick Records - Producer and Writer at Flying Brick and Nick Southwood Productions
7moEverything in music has evolved, it’s time labels embrace this based on the way music is consumed and the reduced costs of production and distribution or lack of it. If it doesn’t change soon Producers, writers and mixers will not be able to maintain their jobs. The old school ways of the talent pool will then only come from affluent operatives that maybe have a trust fund or just wealthy parents. Even then they won’t survive for long unless they are working with artist in the top 2% of earners, this putting even more talent out of reach. We all suffer with a less varied out put. People will be less inclined to take a risk, take a punt, do something obscure or different… and what shame. 😐