I can think of a couple folks on here that seem to know quite a bit about music and [I think] producing. I don't have a lot of details to elaborate on, and none of this may make sense, but where's the money to be made in record producing nowadays? I'm sure there's money to be made, and I'm no expert AT ALL, but the industry seems to have changed quite a bit (in my not so experienced opinion) with the internet explosion. People just don't seem to buy full albums/cd's anymore. They go to iTunes and buy 1, maybe 2, songs by an artist at .99 vs. $10 - $15 for a cd. The B&M music store is pretty much gone (it seems) compared to a decade or more ago. I don't know the steps/process of actually producing an album and getting it out there for others to hear, but aside from maybe making money by charging for some studio time to record an album, where's the money?
That being said, let's say, hypothetically speaking of course, someone who is in the record producing business was looking for an investor. The details of this "investment" are uncertain right now, but let's suppose this record producer has been in the business for a couple of decades, has been successful, has the fancy plaques/albums on the wall from various labels for work that's been done, etc, and all that. Let's assume he is currently working with an artist that he's worked with in the past, produced his/her album that eventually went platinum, and is thinking of putting something else together with this artist. Now, I can't say for sure if this hypothetical investment would go strictly towards the producition and promotion of said artist, or if it would also go towards some funding to continue operations of a record producing company (which may also have some other "irons in the fire" with up and coming artists/bands)...I don't know...yet...hypothetically speaking. Let's assume the aforementioned, platinum artist, is thinking of crossing over into another genre of music, say from top 40, pop-style of music to Christian music...no no...don't jump ahead...it's not Vanilla Ice (LOL), but if I said the name of the [hypothetical] artist/band most (if not 98.2% of youz) would know who it is, even if you don't necessarily like the songs. Which brings me to an important point, that this is NOT a new artist. Their name (brand) is out there and known. Now the million dollar question is, why would a producer look for an investor in something [hypothetically] like this? The uncertainty of "crossing over" into another genre? The singing and song style wouldn't necessarily change like Vanilla Ice did from pop/rap to something I really don't know what it is. Or does it have something to do with a change in the industry that has severly hindered the ability to make money in producing? There are "new" artists out there willing to give away their song, free, just to get some playing time in tv shows, movies, etc. I dunno...I'm just thinking outloud. Hypothetically speaking, does it sound like it could be a potentially good or wise investment? Songs are already written and recorded on demos, and a couple are available online....hypothetically speaking, of course. :-"
edit: hypothetically, this would be an independent thing, not through some major label FWIW.
Edited by user
Thursday, October 28, 2010 12:58:10 PM |
Reason: Not specified