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On 16 feb 2007, at 15.10, RICK WALKER wrote: > The major labels have gotten so greedy That's a rather strong statement for posting on a list and since I think it's incorrect I have to object. I would say that what has happened are gradual cultural changes that affect peoples consumer attitudes and habits in away that causes a shrinking headroom for record labels to make profits. I base this opinion on my own experiences as having worked with both major and indie record labels in many contries, as a musician and as a fronting artist. > ..the whole MP3 phenomenon is really taking a huge toll on CD sales. I think this is also an incorrect analysis. CD sales go down because people now buy other things than CD's, while still having about the same amount of monthly disposable money in their pockets. We now buy computer games, VHS movie, DVD movies, iPods, cell phones... you name it. A second important factor is the gradual diversification of culture. In music this manifests in hundreds of genres where we used to have just about a handful. We have already passed the line where it became impossible for a record label to employ an A&R that could spot and sign "the artists that will become successful in his/her/ their genre". Either because it is too difficult (for an A&R) to stay on top of many simultaneous sub cultures or simply because that specific genre will explode into other sub genres before enough time has been given the record label to do all the promotion work needed to break the artist (but as implemented in Josh post, artist may well break today on their own, as an effect of the internet). The rest of Ricks post was excellent as usual and inspiring as well. It's exciting to see where this new networking digital life will lead us. Greetings from Sweden Per Boysen www.boysen.se (Swedish) www.looproom.com (international) http://tinyurl.com/2kek7h (latest music release)