We all know the music industry isn’t in a good place right now. Sales are down and artist are not happy. So it made me think? Why don’t the Big 3 (Universal, Warner & Sony) just come together and make their own streaming service with all their music, instead of sharing profits with Spotify and Apple Music? I don’t get it.

Film/TV industries have their own dedicated services like Netflix, HBO Max, Disney+, etc. They don’t have a middle man taking a cut like Cable. Obviously, the Big 3 would need to come together to make this happen. Having 1 music service strictly for just 1 of them is a bad idea.

I just think Spotify & Apple are benefitting from this way more than the labels. And with Spotify paying HUGE amounts to the likes of Joe Rogan 😒. It’s kind of a slap in the face of the industry that MADE them this big. Like why is the Talk Tuah podcast getting just as big of bags as the labels & Artist? I know Jay Z tried his own service ran strictly by the artist called Tidal like 10 years ago, but he couldn’t get enough big artist to invest into it long term.

Can someone PLEASE explain to me why the Music Industry allows this?

  • Ugurcan@lemmy.world
    4·
    8 hours ago

    I won’t argue with streaming services go fuck themselves but music industry’s not being in a good place also deeply related with there are shit megaton quadrillion musicians spawning everyday now. And most of them are pretty good!

    Making music got easier by decade and it’s around 500$ to have all kinds of tech and instruments better than what Radiohead used in Kid A, and learning resources are way more accessible now.

    Total music related spending (vinyls, merch, tickets) skyrocketed compared to 80s or 90s as well, but it’s also split between 100 million artists, and not 100.000. Yet the listener headcount only doubled or tripled.

    • TexasDrunk@lemmy.world
      5·
      9 hours ago

      Making music got easier by decade and it’s around 500$ to have all kinds of tech and instruments better than what Radiohead used in Kid A, and it’s way more accessible to access to learning resources.

      People forget the part. The garage bands who couldn’t possibly make it in the 90s can now release their own music without a label. I’m just a drunk and I’ve got music out there that was mostly recorded in a closet. Anyone can put stuff out and try to find their audience.

      The other thing a lot of folks forget is that most bands never made much from album sales. Only the top tiny percent did, even among a lot of famous bands. Musicians have always out there killing themselves on the road to make money on ticket sales and merch.