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Lemme tell y’all how this will end: https://twitter.com/globaldancegde/status/1249510907840847872
IF this is true (IF) why that essentially means is that a TON of independently owned music venues around the world world have to close its doors. And the only thing saving them will be companies like live nation buying said venues.
Not here to debate whether it’s right or wrong, but that’s absolutely what’s going to happen. A lot of your favorite places in your city to watch concerts will pretty much die. Bc they can’t sustain a year of no concert revenue.
Also Many of your favorite artists, signed, indie, big, or small are probably gonna go broke.
Why? Bc as I have said countless times, as an artist, if you aren’t touring, you aren’t making money.
Why? Bc as I have said countless times, as an artist, if you aren’t touring, you aren’t making money.
The only other way is sync licensing, or if you move good numbers independently or have a distro deal
Independently you can move 20/30k records and do WELL... 10 really. That’s a win depending on how you live
Independently you can move 20/30k records and do WELL... 10 really. That’s a win depending on how you live
But lots of artists will go broke Bc labels pay our quarterly, or every 6 months.
And the lifestyle won’t actually stop. Which means the overhead of a lot of your big name artists who aren’t great with money will stay the same. With no consistent income
And the lifestyle won’t actually stop. Which means the overhead of a lot of your big name artists who aren’t great with money will stay the same. With no consistent income
What it will force SIGNED artists to do is start looking at their contracts, and its gonna be a sad day when many of them realize that they haven’t made a dime off their album sales.
It’s gonna be worse when they realize they also still owe the label Bc they haven’t recouped
It’s gonna be worse when they realize they also still owe the label Bc they haven’t recouped
Most of these artists don’t pay attention to that part Bc they’re getting 30, 50, even 100k in some cases every time they jump on stage.
If you can’t do that for the next year, and you don’t do anything else well or use your star power to diversify, you. Are. Fucked.
If you can’t do that for the next year, and you don’t do anything else well or use your star power to diversify, you. Are. Fucked.
Sidebar: this is another reason why you guys are having to harass Rihanna into put out an album. You have to do it Bc there’s no real reason why she should.
She makes more on make up and lingerie than her record deal will net her
She makes more on make up and lingerie than her record deal will net her
If artists such as her put out music in the next year it’s Bc they want to and they can. Not Bc they need to.
Bc if the ABOVE is true, you won’t see them live anyway. And theres no money in it.
Bc if the ABOVE is true, you won’t see them live anyway. And theres no money in it.
You’ll see announcements of concert touring agencie merging or getting bought out.
Oh man. You have NO idea what the concert biz shutting down will do to a lot of your favorites.
Lol this is gonna be hilariously bad.
Oh man. You have NO idea what the concert biz shutting down will do to a lot of your favorites.
Lol this is gonna be hilariously bad.
And there won’t be such thing as “well I’ll go get a job”.
The economy is collapsing in front of our eyes and the people that HAD jobs don’t have them anymore.
So get ready for a year of virtual concerts.
The economy is collapsing in front of our eyes and the people that HAD jobs don’t have them anymore.
So get ready for a year of virtual concerts.
If you’re an artist who sucks at the internet, and you’re not BALLIN yet, you better take a seminar
If you’re just a voice and not a songwriter/producer, you’re likely fucked. Because chances are you don’t own your own shit anyway. And your shows are how you eat.
If you’re just a voice and not a songwriter/producer, you’re likely fucked. Because chances are you don’t own your own shit anyway. And your shows are how you eat.
