Recording Deals In The Digital Age 140
cascadefx writes "There is a really interesting panel wrap-up over at the National Association of Recording Industry Professionals's website. The Incredible Shrinking Profit Margin panel discussion looks like it included some interesting discussion into the deals that are made with performers now that the rules have changed. These notes offer interesting (perhaps hopeful) business predictions about Britney Spears' career as well as answering the (new)-age-old question about just how much an artist makes off of an iTunes download. Check it out."
Question is (Score:3, Insightful)
FP?
Because (Score:4, Insightful)
If you sell outside the system, though, you have to succeed on your own merits.
Re:Because (Score:4, Insightful)
But to be a national act or international act, which is what the labels want, there has to be more. The act has to compete with the cheaper local stuff. The act has to have a basis to make the large newspaper and magazines. The act has to have a hook that can be spun and promoted and manipulated. The act has to want to be that famous so that it will make the artistic compromises.
It is true that the compromises for a pop artist, to those of us that evaluate on artistic merit, are particularly gruesome. But I think all successful artists make these compromises. I often wonder if the music in a classical symphony enjoys playing the overture for Swan Lake for the millionth time in the exact same way. It probably does not matter as long as the rent gets paid.
Ultimately pop music sells, so they must be doing something right. When classical was pop the reviews predicted the end of the art form. IIRC, the composers were called uncreative and barbarians. Spears has some cool stuff. She was nowhere near as creative as Madonna, and hopefully she spells the end of that particular formula, but if we are open we see that it is not as awful as we once thought.
record deals (Score:2)
What exactly does this mean? Who gets what and who is obligated to do what? Why were they so eager? This is the old model, of course.
A post farther down here states that support staff don't get their cut if you download off iTunes Music Store and similar under the new model, so maybe some insight there would
Re:record deals (Score:1)
I know that my band is currently looking into things of this nature right now, and let me tell you, it's hard to get your stuff into stores right now. There is such a fierce competition for the dollars of the consumer, and a label seems like an amazing avenue to make things happen.
Re:record deals (Score:2)
That being said, i
Re:Question is (Score:5, Insightful)
Because you don't have a huge marketing machine behind you.
Alright, that's only relevant to those artists who NEED a huge marketing machine behind them. There are plenty, PLENTY of good solid music producing people who can succeed on their own merits, given good enough distribution.
Re:Question is (Score:5, Insightful)
Re:Question is (Score:1)
You are stating it wrong.
=> But the problem organizing on one's own merrits enough sales, without the huge maketing machine, to be able to get decent distribution , so to no longer have to worry about distribution .
Re:Question is (Score:3, Insightful)
Re:Question is (Score:3, Insightful)
Re:Question is (Score:1)
But that's not really saying much...
(Really, but I've heard all of those bands and I agree that they are very good... Although I have to wonder if they're not that popular because they don't play the right style of music.)
Re:Question is (Score:1)
I don't know where you're from, but where I'm from we call what she has talent. Now her voice, that's a totally different question!
Re:Question is (Score:1, Interesting)
Re:Question is (Score:2, Insightful)
Why sell through the system at all anymore?
We all know that the old saw "build a better moustrap and the world will beat a path to your door" is a load of crap. Nothing sells without Marketing and the best product is often buried by dreck because the dreck has better marketing.
Linux only got traction beyond geek hobiests when there were companies (RedHat, IBM etc.) marketing it.
It amazes me that folks that can realize that fact for the computer industry think that all a performer needs to be succes
How about the Prince Model (Score:5, Interesting)
Reading an article recently on Prince's sales model. He makes $7.50 for each $10 CD. He controls distribution, handling advertising everything. If you've noticed the bill board charts lately his latest CD is doing well. My GF is a member of his sight where she can hang with other fanatics, or famatics as they call themselves. Prince has even managed to circumvent Ticketmaster to an extent. He sells a percentage of the floor seats through his site directly to his fans. I think everyone will agree that he is also the opposing force to any manufactured talent out there.
Re:How about the Prince Model (Score:4, Insightful)
Now, how does a no name garage band, with no capital compares to this?
Re:How about the Prince Model (Score:1)
Brintey Spears' Career? (Score:5, Funny)
Re:Brintey Spears' Career? (Score:1)
Yes I know this is off topic, mod me down anyway.
Re:Brintey Spears' Career? (Score:2)
I'll bet that is only with minor crimes, not the major ones. "I'd kill Bob, but I'm afraid I'd get caught." just doesn't seem to work.
Besides, my point is we have more than enough laws already. My sig is targeted at people who proclaim "there ought to be a law!". Frequently, there already is and we don't need another.
Re:So punishment == deterrent, then. (Score:1)
Re:So punishment == deterrent, then. (Score:3, Insightful)
Re:So punishment == deterrent, then. (Score:1)
Re:Brintey Spears' Career? (Score:2)
Re:Brintey Spears' Career? (Score:1)
share croppers (Score:4, Interesting)
Re:share croppers (Score:1)
For the most part. Not always. So, it would seem that going indie is a great possibility for established bands nearing the end of their current contract, and I would suggest that any established band with a contract should consider it.
They Might Be Giants has g
Re:share croppers (Score:1)
Re:share croppers (or maybe indentured servants) (Score:3, Interesting)
Courtney Love on the Topic, Seriously folks (Score:1)
Re:Courtney Love on the Topic, Seriously folks (Score:1)
- I suspect that fans will spend more money, not less, when there's more (readily available) variety in the music market and the bands are getting paid more directly. The current major labels, however, will make a lot less money.
- She will only need radio and physical media distribution for a few more years. The net can be like a radio with an infinite number of stations, and CD's will be much less common artifacts that are more
Re:Courtney Love on the Topic, Seriously folks (Score:1)
http://www.worldwildtribe.com/ingerlorre/index.
Seriously folks (Score:1)
sleazegrinder [sleazegrinder.com]
paragraph 6
No web site (Score:1)
Anyone has a cache?
Google cache (Score:3, Informative)
All Hail the Great Predictor (Score:5, Funny)
"Britney Spears' career, as a pop artist, is over."
Wow. That's some Insightful commentary. I mean, backing up a statement like that with support and facts and information is cool and all, but just one hopeful sentence like that is even COOLER.
I'm going start predicting stuff like that. Hey, I predict that computer games will be different in the future.
Re:All Hail the Great Predictor (Score:4, Funny)
I'm predicting computer games will be the same in the future. Hail Doom MCMXVIII!
Steampunk Doom? (Score:1)
Hail Doom MCMXVIII!
Ever wonder what a Doom prequel set in A.D. 1918 would be like?
Brit twit (Score:1)
Re:All Hail the Great Predictor (Score:2)
There's a point beyond "cool" called "worn out"... and pop artists of all kinds have to avoid going there. Once you hit that point, you've made all the money you're really going to make and hopefully have the financial planning done so that you can live the rest of your life with break-even art the rest of the time.
There's A Hope? (Score:5, Insightful)
It isn't Britney Spears I fear, but what comes after her. Seems to me that each iteration of manufactured talent is more sickening than the last. (One reason I don't watch American Idol, which seeks out the next 'talent' that fits the cookie cutter.)
But consider that much of Spears' success was the performance. Sing, dance, strut about the stage, before spending the next few decades going from one failed relationship and addiction to the next until appearing on Good Morning America and announcing she's cleaned up, totally focused on life and ready for a comeback (no, not as a signer, but the next president.) Music downloads don't leave much room for performance, unless you plan to watchs someone frolic about on that miniscule screen on your cellphone. Admittedly, some acts have never had a top-ten song or little chart success anyway, but have enormous cult-like followings (i.e. Jimmy Buffet, are you a parrot head? ;-) and without enough curiousity or word-of-mouth, will people attend shows?
Re:There's A Hope? (Score:5, Funny)
Sing?
Re:There's A Hope? (Score:2)
"Strut, pout, put it out, that's what you want from granma."
Re: Not funny. Insightful. (Score:1)
Similarly, Shania Twain a couple of Superbowls ago. She was clapping her hand to the music, against the wrist of the hand holding the microphone. Funny, though, the sound of her clapping didn't come through. Sure could hear the music & voice, though.
Re: Not funny. Insightful. (Score:1, Informative)
Sub-trivia: Want to guess the one exception to this rule? U2. When they performed a couple of years ago, they threatened to walk if they couldn't do it live on the spot. Pretty cool, if you ask me.
Re:There's A Hope? (Score:2)
Dance?
On Britney Spears (Score:5, Insightful)
But to get things straight: She's been professionally singing and performing in Musicals on Broadway since about the age of 10. _professionally_, _singing_, _performing_, _age of 10_. Get it?
The age when us kind was gaming on atari or SNES and was at least 3 years away from even doing our first lines of basic. She's a performer and an entertainer, and, believe it or not, she's damn good at it. With the support of an uber-patient mother and father she's worked herself up from that girl next door to somebody who's got a licence to print money. 'Tell you what: Go eat your hearts out.
Bottom Line: I'd suggest the slashdot crowd quit babbling on stuff they can't summon the slightest shade of competence on (popular stage performance and entertainment) and go back to comparing sendmail and postfix. After all, that's what we're actually good at.
Thank you.
Re:On Britney Spears (Score:3, Funny)
Oh wait, that's true too.
Re:On Britney Spears (Score:2, Insightful)
Re:On Britney Spears (Score:1)
2: she doesn't sing live, as seen in recent Rock in Rio
Since it's slashdotted... (Score:5, Informative)
Another interesting resource... (Score:5, Informative)
Good stuff -- they interview record execs and former/current/hopeful musicians and explain the sorts of problems the industry is facing. While people stealing music online is a factor, lesser-known factors are also discussed including the fact that sales figures may be sinking because people are finished replacing their record collections with CDs.
Changing industry (Score:5, Insightful)
Re:Changing industry (Score:2)
Re:Changing industry (Score:1)
Re:Changing industry (Score:2)
Re:Changing industry (Score:2)
What about the rest of the world?
Re:Changing industry (Score:1)
Seems to be more of the same tripe... (Score:4, Interesting)
I'm not saying file sharing is necessarily good for them but it seems to be a case where they are trying to get enough people to say they are losing money often enough such that everyone believes them even if the facts are the opposite.
Re:Seems to be more of the same tripe... (Score:2)
Re:Seems to be more of the same tripe... (Score:3, Interesting)
"Not only is the CD format alive and well, but it's emerging from the "online" revolution looking healthier than ever. 92 per cent of DRM-store downloaders surveyed by Entertainment Media Research prefer the plastic platters to their MP3 downloads..."
Artist get a dime of every dollar... (Score:2)
It can be done much better.
Lets face it, a sales person gets at best 30%... Typically 10-15%
Why should it be any different here?
Because the sales person can be automated.
Bad deal (Score:3, Interesting)
That's nice. I'd like a convertible with bucket seats and a six-speaker audio system. "They want" "They want" "They want" It's nonsense.
Here's the product. Here's the price, LICENSED for a limited period in a specific market excluding all others. 15% advance in TALL LONG GREEN CASH DOLLARS WALKIN' DOWN THE BOULEFUCKINGVARD starting day one with a double-the-rate step up when the clouds part. Two minutes and we fold up the card table. Here's a pen.
Artists own 100% before they sign the deal. The best way to make a good deal is not to make a bad deal.
Phone companies take 50% of all downloads
Only if the artists agree.
"The phone could replace the iPod
Everyone wants to be Apple.
Re:Bad deal (Score:4, Insightful)
A friend of mine was approached by Electronic Arts to record maybe a couple dozen songs for a Sims expansion and The Sims 2, at a rate of $1,000 per song (buyout, as cited -- all rights included). He accomplished this, with the help of a few local musicians that he paid very little, in roughly 48 hours of studio time. He did it as product; nothing more, nothing less. As far as he's concerned, he got a pretty good deal.
Now, this case is sort of an exception, because all of the lyrics to the songs have to be in Simlish. Pretty hard to find a market for that outside the franchise. But even if that weren't the case, is he really screwing himself, in your estimation?
As a magazine editor, I regularly publish lots of work by authors who give up all rights to the material they produce. Very few of them have ever come back looking to reclaim those articles. They did that writing for money, just like my friend recorded those songs for money. And I've done the same, and I don't really regret it.
Seems to me this notion of artists licensing their work to labels is just some kind of backlash to all this talk you hear about corporations wanting consumers to "license" their software and recordings. The way the corporation wants it, you never buy a CD, you license it. You never buy a disc of software, you license it. That sucks. So, great -- is the solution really for individuals to start acting like corporations?
Whatever happened to getting hired to do a job and doing it, or producing a product and selling it, getting paid, and moving on to the next thing with the satisfaction of being an ethical businessman?
Re:Bad deal (Score:2)
Well, the Sims grossed about $325 million. Two dozen songs at $1000 each is $24,000. That's pretty thin for a nine-figure gross.
They did that writing for money, just like my friend recorded those songs for money. And I've done the same, and I don't really regret it.
Yeah, if it's a work for hire, that's one thing. But an author owns their work under copyright law. It really should be up to them and they should un
Does Electronic Arse make a music game? (Score:1)
Now, this case is sort of an exception, because all of the lyrics to the songs have to be in Simlish. Pretty hard to find a market for that outside the franchise.
Or with one of the music game companies. Players of Konami's Dance Dance Revolution series, for instance, frankly don't give a flying if they can't understand a song's lyrics. They just want a beat so they can step on arrows. Does EA make music games?
Re:Bad deal (Score:2)
There are many differences bet
Re:Bad deal (Score:2)
If I want Windows, I have to buy it (in some way, shape or form) from Microsoft. If Microsoft wants some background music, they have any number of artists to choose from. Its about who wants what. Consumers want a very particular item, the corporation wants a generic item. Wanting something very specific limits your power in negotiations, and if the other side can walk away and look for other opportunities, you're pretty much stuck.
The Price IS Right! (Score:3, Insightful)
On Spears and the record labels. (Score:5, Insightful)
That having been said, I think the music is crap. But you wont catch me downloading it. For music I like, the cost of the CD is nothing VS the amount of enjoyment I get from it.
Re:On Spears and the record labels. (Score:1)
Er... no. If it's worth the download for free, it might be worth some amount of money. It might be worth the $0.99 for the iTunes download (or whatever they raised it to). It might be worth $5 for the used CD. But just because the recording industry decided they make the most money by charging $15 for a CD doesn't mean it's gonna be worth $15 to everyone.
how much it's worth (Score:1)
Um
My point? People who're willing to listen to crap music for free are not necessarily willing to buy crap music for $15.
Re:On Spears and the record labels. (Score:1)
Re:On Spears and the record labels. (Score:2)
Oh no, Britnney has gone that far done the crapper that she is now Bob Villa's bitch?
Buying music online = ripping off support staff (Score:5, Interesting)
Don't buy music from sites like the iTMS or Napster. Ever. According to this article [macbidouille.com] French Apple enthusiast site Mac Bidouille [macbidouille.com], support personel (eg dancers, clip director, sound techs etc) are not getting their cut from legal online sales.
The reason? Record labels are unwilling to change their contracts, which ties royalties to the sales of physical media, not the song itself. That's outrageous. That's outright theft, pure and simple.
(Article is in French. Grab a translation here [killbill.org].)
Support the little guys. Download your albums off Suprnova NOW!
Re:Buying music online = ripping off support staff (Score:5, Informative)
Re:Buying music online = ripping off support staff (Score:1)
Re:Buying music online = ripping off support staff (Score:3, Informative)
French copyright law is slightly different from UK/US copyright law. Its basis is not "copyright" (the right to copy), but "droits d'auteur" ("author rights"). It does not revolve about control of the work, but rather around making sure authors get fair compensation.
Under French copyright law, sound techs (in post-production), dancers, clip directors are considered as co-authors, as much as the songwriter, musicians or the main performer, and thus get a cut from sales.
Re:Buying music online = ripping off support staff (Score:2)
In any case, if true, it sounds like someone stupidly agreed to a bad contract. ALWAYS get a lawyer before agreeing to a new contract. They're there to protect YOUR rights. Don't pay attention to people who say that you don't need one, or that they're evil. COVER YOU BUTT.
IANAL.
Dancers? DANCERS????? (Score:2)
Perhaps (and only perhaps) I could see them getting a cut of video sales. But even then I'm iiffy on it They are hired to do a job. They don't have to dance.
Why should everyone get a percentage instead of just a payment? I'm technical myself but I think there are very few people in the chain that really deserve a cut for every album sold. If a local band records a demo in a rented stud
What do you mean, *only* ten percent? (Score:3, Interesting)
What is royally fucked is the fact that artists could command much higher percentages if the music industry wasn't dominated by a cartel with the aid and abettance of easily-purchased legislators.
ARTISTS CUT THE FAT (RIAA) OFF (Score:1)
And the labels took a big chunk of any money customers paid for a record.
It was a deal with the devil.
The major record labels were just a bank to finance the artists' distribution & marketing, a specialized bank for artists and musicians but just a bank nonetheless. The artists might as well go to a Credit Union--they've got much lower rates I hear. hehehehe
Best line of the article (Score:2, Funny)
Score: +17, Still-don't-get-it
CD of the discussion (Score:3, Funny)
A lousy dime. (Score:2)
In addition, the NARIP-supplied "iTunes Artist-Producer Royalty Calculation" sheet was fascinating because it answers the question all artists on iTunes keep asking: "How much of a 99-cent download do I get to keep?" While indie artists do better, for major label artists, Apple collects 34 cents, the label keeps 55 cents, and the artist gets a dime.
Ah yes, a dime. Some things never change.
And this shows exactly why Apple isn't a friend to the musician. IF they were , they would allo
Re:A lousy dime. (Score:3, Insightful)
I know musicians who are in the self-publishing space. They don't have labels, or promoters, or any of that stuff, and they're not on iTunes. So, not only are their choices for distribution more limited, but wh
CDBaby (Score:1)
Re:A lousy dime. (Score:1)
10 year Overnight Sucess (Score:2, Interesting)
http://www.businessballs.com/treeswing.htm
It reminds me of the record business.
Seriously, some of the talent scouts really CAN tell what's really good just by listening (some got the job from their uncle/auntie).
That's where the trouble starts, no one can make a decision-much less a decent pitch without invoking the gods of pop for comparison.
The reason no one is buying is because they're picking stinkers.
Example:
Bonnie Raitt's
Wasted 5 minutes of my life reading this (Score:2)
post: interesting (perhaps hopeful) business predictions about Britney Spears' career.
article: Britney Spears as a pop artist is over.
That's interesting? That's even a prediction?
This article is a mixture of record company jargon -- "step deals... EA will clear 60 masters... buyout basis..." -- and outright bullshit -- "There is new music coming, real diversity of music, and it will be a rebirth of the record industry."
What a waste of sp
Re:Just in Case of Slashdoting (Score:1, Informative)
Re:Advice, please (Score:3, Funny)
Re:Conspiracy Theory (Score:1)
Re:"Britney Spears as a pop artist is over." (Score:1)
The parent got modded flamebait for the above comment, but is it really debatable?
Hell, I understand the allure. I'm a lonely slashdotter on a friday night, and it would be nice to, uh... hang... with a girl like that for awhile. But we all know she has no substance, and no... ya kno