The Death of the Album and the Future of the Music Industry

In this http://www.artistshousemusic.org video, Wallace Collins, an entertainment attorney based in New York, discusses the generational shift that has taken place, that divides the CD-buyers from downloaders, and draws parallels between today and the early days of rock-and-roll in which singles drove the music business. He also shares his thoughts on whether downloading -- legal or otherwise -- will cut deeply enough into the major labels' bottom line to cause them to abandon the business entirely, and whether the "democratization" of music will affect the quality of music that's available.

Category:

Music

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• Wallace
• Collins
• Future
• of
• Music
• Industry
• Today
• Record

[mentalholocaust]

I only pay money for underground artist which is all I listen to. Tell the mainstream record companies to get some actually talented people and stop trying to sell us the image.

[DawnPatroler]

Yeah thats so true. I buy CD's anyway. I don't download illegally because thats how you get virus's. I'll buy an album off iTunes of its like under 8.99 but I'll normally buy CD's because its cooler when you have a collection library and I just want to pass them down eventually and the younger kids are going to see how much cooler it is to have a CD collection rather than just an iTunes list full of songs.

[mattydigs]

Well if the albums didn't suck ass, maybe more ppl would buy the actual album ;) People who download music for free BUY the stuff they like. MAKE A BETTER (more interesting) PRODUCT. Also your argument about 'monetary incentive' is completely full of shit. If they are doing it for the money then I don't want to hear their shallow 'art' anyway. Musicians should contribute if they truly feel they have something unique to add to the whole not because 'hey look at me me me, I'm talented!'.

[DeadEndJobProduction]

@satansodyssey I'm the same way.

[metalkommunisten]

fuck the law

[dreamsofreasonmusic]

@mentalholocaust LOVE your comment and couldn't agree more. We continue to write what we want and I don't think I'd ever sign with a major / mainstream label. Image is everything to them and that makes no sense...musicians aren't exactly fashion models...well most anyhow!

[susuemikado]

When I think of Jazz which is the birth of popular music in America, and I think of how Jazz legends still made names for themselves when Jazz was the in thing and even posthumously are still being bought and discussed today without any massive money system behind them....Comparatively,I also think of the many not so great contemporary "Artists" who have had piles of money put behind them and they become rich and famous even with all the bad music they release because of expensive marketing.

[brightlights456X]

@steeltormentorband

Who wants a day job? Band want to be free like Motley Crue.

[mwells219]

the problem is that for about 20 - 25 years most albums have been utter shit. Independent artists have always focused on putting out an EP of maybe 2 to 4 really good songs.