A Quote by Om Malik

If you look at something like Spotify, many record labels are investors in the company. So from that standpoint, the money is all going back into the labels. — © Om Malik
If you look at something like Spotify, many record labels are investors in the company. So from that standpoint, the money is all going back into the labels.
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.
I was always looking to record, but how much I actually pursued it was another thing. The major labels weren't that interested in me, and the smaller labels didn't have any money to do anything.
Island Records was the first record label to... acknowledge me. After that, quickly, Republic Records, and then Atlantic Records, Sony Records and Warner Bros. It was all the labels at once. It was absolutely insane, like, knowing that this many record labels were interested in me.
I'm confused that there is a lack of faith in listening to and deciding what is a great song and instead going for these formulaic, bad songs over and over again. But that's what happened when people from beverage companies bought record labels and radio stations as opposed to people who love music owning record labels.
It's funny how we like labels. If I ever have a bookstore, I'm not going to put any labels on the sections.
People don't know how to reach record labels, and a lot of time labels don't listen to stuff that's sent in randomly.
I've done well, I've been disappointed, and I think it all goes back to you. Of course the labels are going to be the labels. It's the music business. You are a business. That's what they do. So you've got to protect yourself.
I’ve done well, I’ve been disappointed, and I think it all goes back to you. Of course the labels are going to be the labels. It’s the music business. You are a business. That’s what they do. So you’ve got to protect yourself.
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.
We had labels offering us deals the first year we formed - 1995 - but we were afraid of them going, 'Let's change this and that.' We had labels telling us to get rid of our singer. I look back sometimes and go, 'Imagine if we had done that-what a shame it would have been?'
The music business is suffering because fewer artists are being invested in. Labels are putting in less money, taking fewer risks and signing half as many artists as they did 10 years ago. Everything is risk averse right now and there are two ways to deal with a business situation like this: either reduce your risk or increase your return. They're reducing their risk to the bone and looking for ways with their 360 deals to increase their return. They're still not making money. Artists are suffering. Labels, or music investors, are suffering.
I have a fear of labels. If someone labels me, I have to respond - do I acknowledge it, reject it, deny it, live up to it, and defy it? Labels can affect your ability to be yourself. If you're not careful, like I wasn't when I was young, that can take a toll on you. You find yourself conforming to everyone else's ideas of who you are.
Everybody uses labels: they give you a handle on things - an over-simplified handle, sure, but without labels, without ads, without words, the world would be an indistinguishable mass, a blur. You can hope, maybe, that people ascribe so many labels to you that none wins out
To see a lot of the smaller labels disappear or get gobbled up by the bigger labels, that’s a shame. It was a bit of a shock at first to see the demise of the record stores.
To see a lot of the smaller labels disappear or get gobbled up by the bigger labels, that's a shame. It was a bit of a shock at first to see the demise of the record stores.
I like the labels because I think they tell my story in a very concise way: gay, Latino. I think the responsibility that comes with accepting labels is that now I get a chance to break stereotypes. It gives me the opportunity to tell the unique stories of what those labels mean.
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