I would like to see the quantified evidence of an Internet band making it through full ascension without ever touching one of the big 4/3. It is REALLY hard to find.
It's a great time to be a recording artist and be self sufficient. If you want to be the next U2 (or if you are U2) it's rather difficult and will remain so.
People speak about disruption. This industry is ripe for it, but it won't happen until a lot of the past is weeded out through attrition and better players take hold. It'll take an inversion in corporate structures.
Right now its too easy to never sign a band and just mine catalog for a long, long time. Hence the value in publishing assets, and the value in mechanical for catalog.
It's a great time to be a recording artist and be self sufficient. If you want to be the next U2 (or if you are U2) it's rather difficult and will remain so.
People speak about disruption. This industry is ripe for it, but it won't happen until a lot of the past is weeded out through attrition and better players take hold. It'll take an inversion in corporate structures.
Right now its too easy to never sign a band and just mine catalog for a long, long time. Hence the value in publishing assets, and the value in mechanical for catalog.