Why Now Is A Great Time To Start A Music Label
from the absolutely dept
I've been studying the economics of the music industry for some work I've been doing, and I've recently come to the exact same conclusion as Jimmy Guterman. Even though the economy sucks right now, and the music industry is having problems, now is probably the best time to start a music label. If you make use of new technologies for both recording and distribution, the barriers to entry have dropped incredibly low, and you can better target niche markets for much lower out of pocket expenses. The big music labels, with all their worrying about their old (increasingly obsolete) business model don't realize the bigger threat is from new, independent labels that take advantage of new technologies to offer a better product at a lower price.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
So why hasn't Downslam taken off?
[ link to this | view in chronology ]