There’s More Music Everywhere, But the Economics Suck More Than Ever. Year’s Why.
Jimmy Chamberlin toiled for years in and out of the Smashing Pumpkins back in the day when it really, really mattered how many records you sold. After all, that was the way you made most of your money. Today, though, most performers exist on playing live and various and sundry licensing deals. They’re praying (and fighting) for as much money as they can get out of streaming music services.
Jimmy recently gave this interview in which is spoke at length about how while people are consuming more music than ever before, the economics surrounding music are worse than they’ve ever been. I mean, why are artists still being charged “breakage fees”–lost inventory due to broken or damaged product–on digital files? That doesn’t make any sense! (Via Pando)
