A Quote by Malcolm D. Lee
Kids are taking music for free all the time. They have Spotify, Pandora... The record companies aren't making the kind of music that they used to make. Artists make their money on tours, not from album sales.
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I think bands will actually make more money without record companies; a much bigger share of the money will go to the bands. You won't have record shops taking 40 percent of the money. You won't have record labels taking 40 percent of the money. So they don't have to sell as many albums as they used to in the past. So it's not necessarily a bad thing if record companies disappear.
There's definitely some sort of dissent brewing between record labels, publishing companies and artists [about the compensation they get from streaming services] Spotify is returning a HUGE amount of money [to the record labels]. If we continue growing at our current rate in terms of subscriptions and downloads, we'll overtake iTunes in terms of contributions to the recorded music business in under two years.
My advice to young people wanting to make music and to be in this industry is to really spend your time making music. Make so much music you have no friends. Make music. Figure out what it is you love, and... because if you're making cool art, then everything else will fall into line.
When I'm making music... or writing a bar... I'm not thinking, 'Ah, I can't wait to put this on Spotify! I can't wait to put this on Apple Music!' I don't make music for that. I make music so I can see it - I need to see the reaction. I need to feel it.
The one constant in this ever changing music business is the heartfelt and “ear to the ground” Indie Record Stores that avid music fans and artists alike know they can count on to keep music thriving locally. I tour all over the world, and it's these Indie Record Stores that many times make or break a market. People will always want an “album” to hold, not just have downloaded, and Indies fill that need and then some.
If you only have the mind of, "We have to sell this music and I have to make money on this music," then it's not really about the music anymore; it's about the money. I'm not saying I don't want to make money, but I'm thinking a little more long-term than just making a buck today.
People will download the music for free and they'll pay for it if they want to give you a compliment. They don't have to pay for it. And the only way the artist can make money was by touring 'cause the record label didn't take that money. Unfortunately now, cause the record company's not making money from the downloads, now they want to take money away from everything.
I think record cover sleeves really led towards, but at the same time the album as we know it didn't come into being until mainly after the Second World War because record labels realized they'd be able to make a lot more money putting all the singles of an artist onto one album and selling the whole album as a kind of a concept.
The difference between Spotify and Internet radio services like Pandora is that Spotify is interactive. You can sample the complete catalogue of most artists' recordings.
About 1990 there was a huge shakeup in the music industry and the 6 major record companies fired all the music people and hired business graduates to take over the spots. So the music became not as important. What really became important was the bottom line, how much money you could make.
Hip-hop music in general kind of revolves around singles, and I appreciate that mindset, but at the same time, I wanted to go beyond that. It's not like I was intending to make a classic record - I mean, I'm always trying to make timeless music, but I really just tried to reference the music that on a road trip you can put in and not have to skip a track.
It's really much more than the plastic of album covers and record sales and dollars and cents. Music is just everybody's mother. Music is the power of you.
You're not just making music for your personal use no more, just making music for your homies around you; you're making music for people around the world. Kids in Alaska - like, you're making music for everybody. When I make music, I just think on a larger scale.
An artist in 2014 who is thinking about album sales is either sadly deluded or has to make so many commercial compromises that it sort of takes the joy out of making music.
With my quick success, I didn't have time to learn the ropes of the music business. Because my first record was such a hit, I was terribly spoiled and I thought I couldn't do anything wrong. I was also desperate to make tons of money because of my responsibility to my daughter. And there was no longer any joy in making music.
Artists make art for themselves. Art is an honest expression. Artists who pander to their fans by trying to make music "for" their fans make empty, transparent art. The true fan does not want you to make music for them, they want you to make music for you, because that's the whole reason they fell in love with you in the first place.
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