Music labels want royalties from the sale of T-shirts
For many years, the music industry has exploited the same business model: the sale of music media . First there were vinyl records, then tape cassettes, and now CDs and digital files. In the entire history of the music industry, labels have not found alternative sources of income, especially those that would be based on the model of free music .
Nowadays, the music industry is undergoing an unprecedented transformation , and music itself is increasingly becoming free. Naturally, the profits of labels are reduced.
At the same time, the musicians themselves are very well experimenting with new business models . They quite successfully earn money at concerts and trade in merchandise (for example, they sell a concert recording on a CD to visitors of the event immediately after it ends: this is like a photo for memory), and the music itself is distributed via the Internet for free.
The sale of group symbols, including T-shirts and badges, has become a standard source of income for many groups, especially popular among young people. However, music labels want to impose their paw on this financial channel, as well as to get a percentage of the concert fees, writes the NY Times .
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As an example of a typically “inconvenient” musician for the labels, there is a new R & B star named Akon, whose new CD album sold out in the first week with a circulation of 283 thousand copies (second place in the country), but the musician earned even more money by selling singles through iTunes (244 thousand copies sold) and on sale of ringtones (269 thousand). This example clearly demonstrates that today musicians have many sources of profit, while labels receive the lion's share of revenues from the CD, and their circulation this year has again decreased by 5%. Sales of digital music do not compensate for these losses, despite the higher margins .
Now there are reports from various sources that labels are also trying to diversify their sources of income. For example, the company Universal Music has achieved from Microsoft deductions in the amount of more than $ 1 from each sold player Zune. Hears of rights holders in relation to the site YouTube . And, of course, labels are trying to make appropriate changes to contracts with musicians.
Attempting a profit from concerts and souvenirs is not the only way for record labels to get into the pockets of musicians. At the same time, they are attempting to reduce the size of standard copyright fees .
Nowadays, the music industry is undergoing an unprecedented transformation , and music itself is increasingly becoming free. Naturally, the profits of labels are reduced.
At the same time, the musicians themselves are very well experimenting with new business models . They quite successfully earn money at concerts and trade in merchandise (for example, they sell a concert recording on a CD to visitors of the event immediately after it ends: this is like a photo for memory), and the music itself is distributed via the Internet for free.
The sale of group symbols, including T-shirts and badges, has become a standard source of income for many groups, especially popular among young people. However, music labels want to impose their paw on this financial channel, as well as to get a percentage of the concert fees, writes the NY Times .
')
As an example of a typically “inconvenient” musician for the labels, there is a new R & B star named Akon, whose new CD album sold out in the first week with a circulation of 283 thousand copies (second place in the country), but the musician earned even more money by selling singles through iTunes (244 thousand copies sold) and on sale of ringtones (269 thousand). This example clearly demonstrates that today musicians have many sources of profit, while labels receive the lion's share of revenues from the CD, and their circulation this year has again decreased by 5%. Sales of digital music do not compensate for these losses, despite the higher margins .
Now there are reports from various sources that labels are also trying to diversify their sources of income. For example, the company Universal Music has achieved from Microsoft deductions in the amount of more than $ 1 from each sold player Zune. Hears of rights holders in relation to the site YouTube . And, of course, labels are trying to make appropriate changes to contracts with musicians.
Attempting a profit from concerts and souvenirs is not the only way for record labels to get into the pockets of musicians. At the same time, they are attempting to reduce the size of standard copyright fees .
Source: https://habr.com/ru/post/4819/
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