Comments on: Reader Request – The Future of Record Labels http://www.52shows.com/2007/10/17/reader-request-the-future-of-record-labels/ A live music blog written by and for regular folks. Wed, 08 Feb 2012 04:06:18 +0000 hourly 1 http://wordpress.org/?v=3.3 By: john http://www.52shows.com/2007/10/17/reader-request-the-future-of-record-labels/comment-page-1/#comment-98 john Thu, 18 Oct 2007 14:13:07 +0000 http://www.52shows.com/2007/10/17/reader-request-the-future-of-record-labels/#comment-98 Perhaps it goes without saying that these examples are all very successful artists- who have had the benefit of the major label machine working for them their entire careers. Because of that support they now have the freedom to do something different. I think what the Live Nation deal speaks to is the shift to a business model based on multiple revenue streams. Korn recently did a deal with Virgin in which the company's investment in the band is reciprocated with cut of the profits from not only records, but touring and merch as well. The music business is changing- and that the role of the label will change as well. But I think that labels will act in one way that they always have- as a filter. Similar to any construct in the music business. A way to try and make sense of an overwhelming number of choices. Perhaps it goes without saying that these examples are all very successful artists- who have had the benefit of the major label machine working for them their entire careers. Because of that support they now have the freedom to do something different.

I think what the Live Nation deal speaks to is the shift to a business model based on multiple revenue streams. Korn recently did a deal with Virgin in which the company’s investment in the band is reciprocated with cut of the profits from not only records, but touring and merch as well.

The music business is changing- and that the role of the label will change as well. But I think that labels will act in one way that they always have- as a filter. Similar to any construct in the music business. A way to try and make sense of an overwhelming number of choices.

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