Tag: labels

Everybody talks about the negative effects of the Internet on the music industry.Illegal file sharing and copyright violations have decimated the gains in the business.Record labels are less willing to take risks with new artists because the gains have dried up.Sales have steadily decreased over the past several years due in large part to the proliferation of illegal downloads.All that is correct, but there are two sides to this coin...

There are a whole lot of independent labels out there waiting to use a talented musician to make quick cash.The offers may seem hard to refuse, especially if you're a struggling artist or band that has struggled to find a record deal.A little money and exposure may seem great for now, but you run a high risk of getting contractually bound to that record label for the rest of your life.If a better deal comes along later, you might be unable to accept it, or you can get robbed of your rightful percentages...