daveincincy
Thursday, October 28, 2010 12:53:11 PM
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.

HockeyDad
Thursday, October 28, 2010 1:16:54 PM
Hypothetically, the most relevant lyrics right now are in rap.
Thunder.Gerbil
Thursday, October 28, 2010 1:17:23 PM

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...

daveincincy wrote:

....and then Deathtöngue became Billy and the Boingers...

DrMaddVibe
Thursday, October 28, 2010 1:18:05 PM
The "business" end was killed by lawyers. Their greed prevented artists from getting work "green lighted"

U2's manager had a wonderful article in Rolling Stone:

http://www.gq-magazine.co.uk/entertainment/articles/2010-08/13/gq-music-paul-mcguinness-on-music-piracy/file-sharing-on-spotify-and-piracy 

To me Prince paved the way by using the internet to release his work. That's not enough. You have to be willing to offer other items to get people to pay for the releases nowadays.

Any act worth a damn will tell you that they make pennies off of recording and make millions off of merchandising and concerts. THAT'S where the money is. The more elaborate the sets the lower the paydays...unless it's a band like KISS that owns all of their stuff outright.

****** Dale has the answer!

Watch the vid at the 6:02 point and listen to him!!!

ScottHar
Thursday, October 28, 2010 1:53:17 PM

Hypothetically speaking, does it sound like it could be a potentially good or wise investment?

daveincincy wrote:

No. Absolutely not.

Experienced artists and producers are NOT looking for neophyte investors to help finance/cash flow projects that are likely to pay off well. (Why would you dilute the profits on something like that?) Less scrupulous artists and producers (in music AND film) are ALWAYS looking for "investors" who want to "play" in the entertainment industry. What happens to those investors? Their $10,000 or $20,000 or $100,000 "investment" USUALLY buys them a bitter story they tell at cocktail parties during the next two decades.

Producers who look to raise this kind of money almost always share the exciting story about the guy who invested in that emerging artist whose song is on the new "Twilight" film soundtrack album. Or the guy whose $10,000 invested in "Paranormal Activity" brought him $853,000 in box office profits ("...and he'll get the DVD revenue next quarter!").

Don't. These are lottery tickets these people are selling, but with even worse odds.

If you've got an extra $10K or $50K burning a hole in your pocket... Find a QUALITY safe investment. Pay down your mortgage. (I assume you have no credit card debt or car loans that should get paid off?).

Anyway, that's my two cents as a producer with friends in the music biz. (BTW, a buddy of mine owns a music publishing business and places songs in television shows -- he makes a LOT of money each year for musicians he reps. That's one way the business is still doing okay.)

daveincincy
Monday, January 17, 2011 4:09:00 PM
***Update***

CD should be "mastered" about now or soon will be for radio and retail. The single should hit [Christian] radio, and hopefully some pop stations, January 24.

:-"

grmcooper
Monday, January 17, 2011 6:51:00 PM
Who goes from pop to Christian? Sounds backwards to me. I think Amy grant was one of the bigger ones to jump off the Christian music wagon.
daveincincy
Monday, January 17, 2011 7:09:09 PM

Who goes from pop to Christian? Sounds backwards to me. I think Amy grant was one of the bigger ones to jump off the Christian music wagon.

grmcooper wrote:

She never jumped off. She merely had a song or two that crossed over, but she is still very much a Christian pop artist.

grmcooper
Monday, January 17, 2011 7:11:47 PM
Ok she jumped off then climbed back on. Is that better? BTW Kentucky's dry county's SUCK!
andytv
Monday, January 17, 2011 7:40:58 PM
I only listen to Jewish rock.

Torah food for my brain let it rain till I drown ............................

daveincincy
Wednesday, January 19, 2011 9:39:29 AM
I understand it may not be the type of music most here would listen to, but FWIW here's a link with a sampling of the songs on the album.

http://www.shoutlife.com/blessidunionofsouls