A Quote by Sean Parker

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.

Sean Parker

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About Amount Artists Between Brewing Business Companies Compensation Continue Contributions Current Definitely Dissent Downloads Get Growing Huge Huge Amount iTunes Labels Money Music Music Business Our Overtake Publishing Rate Record Record Label Record Labels Recorded Recorded Music Returning Services Some Sort Spotify Streaming Terms Two Two Years Years

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Sean Parker
American - Businessman
Born: December 3, 1979

Spotify is returning a huge amount of money. We'll overtake iTunes in terms of what we bring to the record industry in under two years.

Sean Parker

There's definitely some sort of dissent brewing between labels, publishing companies and artists. A lot of it has to do with older licensing schemes.

Sean Parker

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

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.

Patty Griffin

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.

Richard Branson

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.

Tom Silverman

I think the record industry has gotten to be more about labels wondering what the new single is rather than labels nurturing artists. It's gotten away from making a full album of music that someone would want to listen to all the way through.

John Varvatos

The people who are competing business-wise out there want what other successful labels and artists have. I don't want what they have; I want my own path, my own sound, my own identity. Record labels care nothing about identity or artistic freedom, they want good business.

Joe Nichols

My record producer [David Kahne] said the major record labels these days are like dinosaurs sitting around discussing the asteroid. They know it's going to hit. They don't know when, they don't know where it's coming from. But it's sort of hit already. With iTunes, and all of that.

Paul McCartney

The rise of the Internet has caused the demise of the record labels, and has destroyed the music business of old, but it's also created new opportunities for young artists.

Judy Collins

Concerning iTunes, the deals have mainly been done with the record companies. But the artists, with some exceptions, haven't been very well-represented. This is partly because the record companies have largely been copyright owners.

Peter Gabriel

In a sense, the music business and I haven't always been the best of bedfellows. Artists often have to fight their corner. Your music goes through these filters of record labels and media, and you're hoping you'll find someone who'll help you get your work into the world.

Annie Lennox

I suppose Spotify is a good thing. The ads are quite annoying, but a lot of people seem to like it and use it. I don't myself, but it seems like a good idea, and the labels are getting a huge amount of money off it, but the artists aren't, so that must be good for them... but not us.

Calvin Harris

The record labels used to spend money on advertising, and social media has replaced that entirely - it's putting magazines out of business. It's put big companies into completely reinventing their strategies.

Steve Aoki

The record business is an oxymoron. In the 1960s, there was an upside to selling plastic discs so labels took the risk - they paid for the record, for marketing, promotion, publicity, everything it took to make the artist a star. But now we have to go back to the venture capital model. The business is stopping and everyone's complaining but you can't blame labels. It's a shitty business. You do it because you're passionate, or because it's what you've always known. But if you lived through the nineties, nobody is thinking this is great compared to what it used to be.

Tom Silverman

Record labels today are much less patient: Artists have a bad record, and they're gone.

Kenny Chesney

A Quote by Sean Parker

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