Why Don't Record Labels Believe In Young Artists?

  Көрүүлөр 321,486

Rick Beato

8 күн мурун

In this episode I discuss and question why record labels don't have more faith in artists writing their own material and the current rising trend of older artists selling their publishing rights for millions.
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Жорумдар
Storyboard Dave
Storyboard Dave 37 мүнөт мурун
Bands don't exist anymore. Its all about sex zombies with pitch correction
Robert Brown
Robert Brown 42 мүнөт мурун
HEY RICK BEATO, check out the comments below this one. DO YOU NOTICE SOMETHING STRANGE? It's very clear what is missing. Someone is shadow banning these comments. Let's try an experiment.
Robert Brown
Robert Brown 44 мүнөт мурун
I truly appreciate Rick Beato bringing up these questions. I'm an old guy that doesn't write original music. I liked forming a few cover bands but I wasn't trying to form an original rock band. But I noticed how horribly things have changed in the past few decades just by doing a bit of "research" if you want to call it that. Just watching or listening or reading what is out there about bands that formed in the 60's or 70's. That pretty much gives you an idea of what the music industry was like and it was obviously very tough, but much more free and open than it is today and much more opportunity although making a living back then was easier it was obviously very tough. For example, read Tommy James biography, I think it was Tommy James. He thought he should have made many millions of dollars more than he was paid. He was probably right. But in the end he made many millions and without some of the greedy people he ran into along the way, at least gave him the opportunity that he couldn't have on his own. Or watch Tom Petty's two CD documentary, you can look it up. Excellent. Or watch the movie The Last Waltz about The Band. Excellent. Point is you get a picture of what it was like in the 60's through 70's anyways. Or read the biography on the great music producer or whatever he actually was, Bill Graham. Very interesting. Gives you a glimpse of what was going on. One thing you will find out is a very stark contrast between the way things were a few decades or more ago and what it is like now. So I salute Rick Beato for bringing this up.
RJ H
RJ H Саат мурун
The mainstream music industry keeps things tight, same few artists in the same few genres, same few songwriters using mostly the same tired progression, same few managers, same few producers/mix engineers/mastering engineers, same marketing teams, same target audiences, the same sales channels etc etc. The mainstream industry owners seek to create a world of known parameters in which they can maintain complete control of. They care nothing for music, its a business where stakeholder expectations are the benchmark of success/failure.
Rudy Jacket
Rudy Jacket Саат мурун
ROCK IS REVOLUTION! They do NOT want any!!! The old rockstars were & are bought off, sing REVOLUTION & buy DIAMONDS!!!!
Adam G
Adam G 6 саат мурун
A big factor is a lot of the music consumption recently is essentially a background soundtrack to life, sort of like a movie score. It isn't there to really be appreciated as a creative work of art by most of the listeners most of the time, but rather to set or create a mood, or generate a background noise to sort of shut out distraction or to present an image to others. Churning out these more simplistic and formula driven productions simply doesn't require taking risks on new artists and are so much as a tried and tested production crew that understands the formula for this type of background noise content.
bobbysbackingtracks
bobbysbackingtracks 6 саат мурун
Kids and asteroids.
MIKAL
MIKAL 6 саат мурун
The label's formula makes them more money (or they believe it does). Have one set of people write songs by committee, then find visually appealing people to be the representative of those songs.
Blue McDaniel
Blue McDaniel 8 саат мурун
I could listen to rick talk about his front lawn.
Geddy Friedman
Geddy Friedman 8 саат мурун
Some really great commentary here and you pose the ultimate question. But unfortunately I think the answer is all too obvious. The reason older names are cashing in is because they know this is their last chance to get a lump sum of money to take care of their affairs before they die. Likewise the label knows that when these big names die, they can milk their image with tribute albums and memorial films dedicated to them and rake in all the money that way. But there is another dynamic to this entire situation. Labels do not invest in new names anymore because the ones that have sold records or concert tickets these past 10-15 years are no longer artists anymore. They are puppets for political agenda and they are used as influencers to affect the morals and views culture. If you're only looking at this from the lens of a musician or music fan, you will not understand it. You have to you see the politics involved and who stands to benefit from having a bunch of replaceable pop culture icons selling political agenda in exchange for fame and money. Because that's where it's going right now. It's not about artistic expression anymore. It's about dumbing down the public and demoralizing them with WAP and Miley Cyrus twerks while all the true Boomer and Gen X talent dies off. We are seeing the transition of a new age where all great music will no longer be allowed the proper marketing and air-time. Only degenarate talentless pedophiles and satan worshiper millenials are allowed a reputation in music. Don't believe me? Watch the Super Bowl halftime shows and the Grammys. It's in our faces now. Rush wrote a song about such times as these and at this rate the prophecy of 2112 will come early.
Seumas MacKinlay
Seumas MacKinlay 8 саат мурун
👍😁
Paul Hoovestol
Paul Hoovestol 9 саат мурун
Rick can you please spotlight some of these young talented songwriters? Some of us can use your assistance in finding them.
Ronsonic
Ronsonic 10 саат мурун
Two facts that tell me what we need to know about the record industry: In 1952 Frank Sinatra could not get a record deal. He Capitol contract was running out and everyone else also assumed he was washed up. In the beginning of this century it was easier to steal a download than to buy a digital version. What industry is so stupid that they let that happen.
Wayne Flanagan
Wayne Flanagan 11 саат мурун
A great rant!
Lord Edward
Lord Edward 11 саат мурун
Seems to me "music companies" are not selling music anymore. They are selling "image" or "life-style".
slamdeathgrindmachine
slamdeathgrindmachine 11 саат мурун
I can see where you're coming from when you said there's not a lot of songwriters anymore in the record company standpoint but you got to look at the whole music industry as a whole and realize there's also the underground and there's a lot of underground artists that still write their own music and do their own producing and do their own recording and I've realized there's two parts to the music industry the mainstream record labels and the underground DIY individuals that still write their own music so it depends on the big corporates and the underground music scene and that's why a lot of big corporations are not investing into smaller new artists because they can't sit there and cradle like they used to can't own their whole life and their livelihood because the person who's the underground can basically break out on their own and don't have to sell no rights or nothing or don't even have to sell publishing rights because they own them and they plan to keep owning them forever
Chris Snape
Chris Snape 13 саат мурун
Wow well done Bob. Pete Townshend sold some or all of his publishing
Francis Power
Francis Power 13 саат мурун
Maybe worth mentioning, insofar as U2’s development goes, that the masterpiece that is the Joshua Tree was more or less a Robbie Robertson record! He certainly had a lot to do with how it ended up sounding.
Timo Standing Buffalo Cano
Timo Standing Buffalo Cano 15 саат мурун
Incredible insight....
Lolipop Records
Lolipop Records 17 саат мурун
WE DO.
Don Chavez
Don Chavez 18 саат мурун
it's like with movies now...they want low risk and control.
Neal Alcaraz
Neal Alcaraz 18 саат мурун
I learn SO much from Rick and the people who follow the channel. My “technical appreciation” for music has increased 10 fold as a result. My thanks to Rick, and all of you who contribute. Ya’ll ROCK!
Harald
Harald 18 саат мурун
I think the music industry has become just that: an industry, mass production, fast sales, focus on "efficiency". That's why there are dozens of authors for one song, because tasks are specialized. It is more efficient to have one person to write the outlines, one to compose arrangements, one to write lyrics, one to perform and to appear on the cover, etc. If the market allows it (people are consuming and discarding it at the rate it gets produced) it doesn't matter a bit if the song won't be remembered next year. It is just a regular consumable like any other.
Boris The Bullet Dodger
Boris The Bullet Dodger 18 саат мурун
I think more people are finding music more then ever. Who would of thought vinyl is a thing 2020? My group was 80s 90s early 2000s some of the best albums of my high school years 1991. But classic rock and roll is embedded because I grew up on all of it. So many alternatives too. BECK Style bands. Jagged little Pill. What an album! So so many
Common Ground
Common Ground 19 саат мурун
As far as timing of why labels are interested in this "now", could it be that they want to step in before the artist passes away, and their sales spike? I suspect you'll see a lot more compilations coming out and commercial jingles of our favorite songs. Just heard one with Homeward Bound.
wheelzwheela
wheelzwheela 19 саат мурун
The music industry and music in general in this modern age is pretty much garbage. Sell what is worth something now buy things that will be worth something in the future (land and gold...) and give it to your kids/grandchildren. This country is probably going to implode in the next decade better set up the people that matter most to you if you can. I know that sounds insane... but when you are 80 your mindset changes.
Mike Baker
Mike Baker 20 саат мурун
To "believe" in someone to that extent requires risk. It's much less risky to do what they are doing now. Sad, because there are so many musicians out there the world will never hear.
Jason Pike
Jason Pike 20 саат мурун
I remember in the late 1980's, record companies and TV and radio were only pushing old, established artists, presumably because they saw them as a safe bet, but then they had a slump in slaes and they had to buck up their ideas. Yes, these people (Sting, Phil Collins, Aretha Franklin etc) wrote their own material so it's not quite the same thing you are talking about but I think it had the same root: The big companies are competing to dominate the mass market, but anyone and anything new will initally be in a niche market; the new strategy is really the same as the old one buit instead of old faces they put new young new faces on the front of old writers. On the other hand, some artists who started out as a puppet of their producers and publishers in the 1980's or 1990's took the oppportunity to develop their real singing and/or songwriting skills - think of Madonna, Kylie Minogue and Britney Spears- It used to be an inult to say that somebody liked their music and was to blame for them being in the charts, but not any more! By contrast Jason Donovan, for example, did nothing with the opportunity that was handed to him ona plate- he was a star who stated out with no more genuine skills than aney of them, but unlike them doesn't seem to have bothered devolpointg his skills, since if he had, he would still be a star.
Mike Baker
Mike Baker 20 саат мурун
I'm 4:20 in, so I don't know what you will say, but IMHO the music industry isn't looking for artists any more. They want cookie cutter style celebrities that look a certain way, act a certain way, etc. And they want to churn those out like an assembly line. Get as much use and cash out of them as they can before they move on to the next one.
Alexander Boehm
Alexander Boehm 20 саат мурун
Nothing new since Bach ;) IMHO the point is: if you own the "rights" on a song - you can control all copies, samples etc...
Yvonne J.
Yvonne J. 22 саат мурун
The American dollar is going down It not gonna be worth the paper its printed on very soon ( next 5 years) due to the extreme printing & spending happening this very minute so the best thing one can do right now is kinda hedging their bet/cash many are doing it in the digital coin i'm not saying this is what happening here but it sparked the post, in saying this one should think very hard on exactly what they do with their money right now the worst thing one can do is simply save the FED, find and invest in item that will gain value. Good luck a crash is coming & it's gonna be bad..
Malcolm Browning
Malcolm Browning 22 саат мурун
Er....er....perhaps young 'writers' aren't any good and have largely been bought up on rubbish... personally I largely hate todays music- it seems to have degenerated into some kind of pretentious noise. With a few exceptions music seem to have died in the early eighties. Take soul music which degenerated into knife, under age sex and drug gang 'rap.'
Yvonne J.
Yvonne J. 21 саат мурун
actually there is some excellent music coming out these days but it's not on the charts nor will it be , If you want to find the music that suits you I'm assuming it's a rock blues based at its most basic form it's out there you just need to look harder. ive came across some excellent bands in the last month i was actually surprised how good some of these bands were.
willy vlyminck
willy vlyminck 22 саат мурун
Greed!
Andrew Caddell
Andrew Caddell 22 саат мурун
30 writers? Wow!
Abigail Slade
Abigail Slade 23 саат мурун
Is it me does stevie nicks look like Carrie fisher?
Christian Hunter
Christian Hunter 23 саат мурун
In the future, look for Bob Dylan songs being utilized in the most crass, commercial settings. For example, will 'Knockin' on Heaven's Door' become a soundrack for mortuary services?
Pocket F
Pocket F 23 саат мурун
Baby boomer nostalgia will die out before long, and these catalogs will plummet in value. Sell NOW, is what I say. Smart move. Nostalgia goes in waves, and the baby boomer wave happened to be incredibly lucrative and spanned a wide variety of industries. But this will fade, and the next generation of nostalgia will care about different things (and different music)... I'll be 65 years old, retired on a Florida beach somewhere, listening to Soundgarden from a vintage CD, spinning in my vintage CD player. Because they sound better than digital. The new nostalgia wave.
haywoodyoudome
haywoodyoudome 23 саат мурун
" listening to Soundgarden from a vintage CD, spinning in my vintage CD player. Because they sound better than digital" Not sure if you're trying to be funny or if you just a complete moron.
BoJack Horseman
BoJack Horseman Күн мурун
i think the term hit is getting used inflationary nowadays not by you but taste buds are degrading
diabz
diabz Күн мурун
Conflating playing video games with short attention span in 2021? Man you are old
Wendy Wright
Wendy Wright Күн мурун
Stevie Nick's is the most overrated artist don't get it ,so what if she dresses cool
haywoodyoudome
haywoodyoudome 23 саат мурун
She used to be hot but got old and fat.
lee95757
lee95757 Күн мурун
I think its related to technology. Back then artists had to write their own stuff and now you sample and edit everything and make it sound great.
Mike Kaatman
Mike Kaatman Күн мурун
They want to have some fun before they die.
ZekeBriarcliff
ZekeBriarcliff Күн мурун
There's a similar trend in literature. There used to be "mid-list" authors who were being nurtured and developed by their editors/publishers. Now, publishers only want specific sorts of books and they have no interest in signing writers for multi-book (developmental) contracts. If someone like me were to be lucky enough to sign to a major NYC publishing house, the chances are that they would put virtually ZERO dollars into marketing my book. I might even have to pay out of pocket for many marketing tools. My response to this is to find an independent publisher who loves my work and who has a passion for literature and art. I make less, but the difference is marginal. I think the key word is "passion." Big labels and big publishers have boiled everything down to marketing formulas, they have dropped off all pretense of promoting art. They don't care about it - it's all so much "content product" fueled by hooks and buzzwords. I know I'm not being very articulate here but I call on artists of all sorts to eschew those big-dollar, wall-street-driven corporations and seek out the indie labels and publishers, etc. who CARE about art. If that means making less money, so be it. These days we can still find an audience on our own and make cash, but it will take struggle and pain. If you're the sort of artist that I am, this isn't even a trade-off. This is the reality of living and loving your art above all else. Be a human. Create art.
Ruby Rooo
Ruby Rooo Күн мурун
We don't listen to the radio. We listen to CD's. We gravitate towards artists that write their own music. I find their music pulls me in unlike artists singing something someone else wrote. Shakira is fairly young and she sold her catalog. My guess is that investing the earnings now is worth more than waiting for the royalties to trickle in.
Rich Alderson
Rich Alderson Күн мурун
Artist development? Yeah right, that's just living in the past. Sorry to be cynical but it's true.
David Matela
David Matela Күн мурун
Long Live The Doors. Rebel Music
Ralph Detko
Ralph Detko Күн мурун
Yes Dylan and the others will still be listened to, discussed, studied, and appreciated for years to come, just as any important artist. Artists like Bach, Debussy, Stravinsky, Ellington, Monk, Miles, Genesis, and many more will be around as an example of when quality and innovation were achieved in a more primitive technological era, where the studio was a place to document the creative process, as opposed to a means to an end as with digital studios now, where all too often in pop music some creativity is sacrificed in the search for technical perfection. Pink Floyd started off playing weird music, but they grew and eventually became one of the best selling artists of all time. Which current artists are as vital as any of the pioneers in songwriting like Dylan? Will we remember Backstreet Boys or Cardi B with the same reverence? Personally I doubt I’d sell my catalogue, depending upon what percentage of my income it represented. But I’d think about it. I mean, what would you do if you were 80 and someone handed you 400 million dollars?
WD4ED
WD4ED Күн мурун
Because modern music totally blows chunks.
Lou Aguado
Lou Aguado Күн мурун
If I was in my 70's, and not touring, I'd also sell. I have a friend that moved to Nashville, she writes and sells songs to artists. And it's like you've said, they'll buy her songs and a dozen other artists and mix them all together!
LogoLowgee
LogoLowgee Күн мурун
Everyone wants a cut, record companies can't deal with that many people I guess
Pablo Cruise
Pablo Cruise Күн мурун
Talk to country music... writers everywhere.. but those writers go on to become artists.. billy currington - Luke Bryan
James Wilson
James Wilson Күн мурун
Another example: John Mellencamp's first two albums didn't chart. His third reached #64 and went Gold. His 4th reached #37 and Platinum. His 5th, American Fool (Jack and Diane, Hurts So Good) reached #1 and 5x Platinum.
Rocky Mountain Ras
Rocky Mountain Ras Күн мурун
The idea that when Bob Dylan Dies, they know that people who didn't own his albums before will buy, they always see spikes in album sales when someone dies, they'll make their money back easily. I'll bet Bob has tons of music/songs he's never publish. Isn't he the king of the basement tape/bootleg?
David Lazarus
David Lazarus Күн мурун
IMO, there are only two fairly large labels worth their salt and who will sign musicians who write their own music. Those two labels are Peter Gabriel's Real World Records and Robert Fripp's Discipline Global Mobile.
Agent VX
Agent VX Күн мурун
Record company executives know business. That's the thing they know. They know a bit about art (in the context of music) to the extent that it can make money. But art is not the thing they know. Business is. So they can identify what IS sellable right now. What WILL BE sellable in the future is mostly something they would prefer not to be involved with, because that means RISK. In the world of the 20th century, that risk was seen as necessary to an extent, because with a few exceptions, acts couldn't really be fabricated. Today, technology makes it pretty easy to take a small number of known quantity "producer" artists behind the scenes and crank out sellable content with the face (and performance) of new acts on the front, so the business oriented executives don't feel a need to take the risk of having faith in new, unproven acts. As far as older artists selling their publishing rights goes, I think they're accurately seeing the writing on the wall. Artists in the past who have sold their publishing rights have underestimated just how much those rights are really worth... in addition to the problem of younger artists selling and then later feeling the creative pain of no longer owning the rights to their own creations. Today... the entire industry is on a downward trajectory. Streaming just isn't the cash cow that distributing physical media was.
Mike Talcott
Mike Talcott Күн мурун
I see it as another result of the “financialization” of everything. There is a huge amount of money out there which doesn’t really have anything to do, so they see these “investments” like they do housing or stocks, so the prices get jacked out of all relation to actual value.
David Lazarus
David Lazarus Күн мурун
Record labels just want a quick buck. They are not album and band oriented anymore. Really, they never were, but especially not for the past 20+ years. They don't want to sign bands. They want to sign a compliant person who will sing anything they want them to sing. Then, once the hit is done, they're thrown away like yesterday's trash.
haywoodyoudome
haywoodyoudome 23 саат мурун
The music business is run by kiddy diddling Juice.
David Lazarus
David Lazarus Күн мурун
I disagree with the attention span claim. I see A LOT of teens and twenty-somethings commenting on prog rock videos! Yes, songs that are often 7+ minutes along. Some, obviously, much longer. They always say that they're so glad that their parents introduced them to great music. Another thing is that many of these people, believe it or not, are young women! Yeah, really. Prog rock is becoming a thing with young women!
Farque Le You
Farque Le You Күн мурун
Calls people boomers, proceeds to bring up videogames as a reason for declined music sales. Stay classy, Rick
B B
B B Күн мурун
Maybe they're selling before their death so they can control where the money goes. Maybe just because it's their work and they want to get paid for it. Maybe just let them do what they want with it. ♡
Robert Fordin
Robert Fordin Күн мурун
This world is goin' nowhere.
meniscusbrothers
meniscusbrothers Күн мурун
Hi Rick, Great channel, First time I've commented. My brother, Phil Cooper, is a great songwriter who has been writing, recording and self promoting his own music. However success is limited mainly due to the fact that radio and streaming playlists are controlled by those same labels/companies that don't want to take risks. Perhaps a new Rick Beato series is the way forward..."What makes this unheard of song great" If you want to start with my brother, check out his music and use your massive following to help give him and the other countless great songwriters more exposure. Here's hoping. Ellis
Guisseppe Imbriago
Guisseppe Imbriago Күн мурун
When I listen to today’s R&B, I hear the same song over and over again. No originality.
pepinho89
pepinho89 Күн мурун
The reason they have no confidence in young artists is because creativity has hit a brick wall in film, and especially music. Everyone now days are so afraid of being offensive that it puts up walls on how experimental an artist can be and make a living from it. No publisher wants to take a chance on anything edgy anymore. Social media makes people so overly sensitive that it is more difficult than ever to break out. Artists are not only judged based on the quality of their music, but there has to be a perfect model of a human being behind that music as well. It’s fucking retarded.
Scar Sonic
Scar Sonic Күн мурун
They want them for sampling. They take the main hooks, twist and turn them a bit, put some kid from the street to rap over it and call it original. Ez money, limited talent required.
Light Brown
Light Brown Күн мурун
It would be so nice if you would do a show specifically on how to protect your music. How do you send it off to the library of Congress, how do you start your own publishing company register with BMI or ASCAP all the latest details on that type of thing would be so helpful. Now get to work! Haha
Light Brown
Light Brown Күн мурун
Rick I love what you’re doing. I’m a fan because you know what you’re talking about and you’re a very musical guy.
Wataboutya
Wataboutya Күн мурун
Well, they know they won’t be taking it with them. So maybe they have plans to distribute the proceeds their way, before they pass away.
Caliman5
Caliman5 Күн мурун
MUSIC TODAY IS NOT MUSIC. ITS ALL A BUNCH OF GRARGE BAND APP CRAP WITH NO THOUGHTFUL NOR EMOTIONAL LYRICS. THE MUSIC INDUSTRY's SHIP SAILED A LONG TIME AGO...
melodymatters
melodymatters Күн мурун
The mainstream music industry is now sort of like the old, pre-forest management logging companies who would cut down as many trees as they could, especially the biggest, oldest ones, and not bother to plant anything new until they were forced to. Lucky for young musicians these days that DIY is a reasonable alternative with a MacBook, inexpensive gear, and outlets like Bandcamp, SoundCloud, and KGglobal, and some savvy indie labels; otherwise, things would be even much harder to gather enough fans to sustain them through their early stages of development.
Ian Snow
Ian Snow Күн мурун
I bet you could trace the rise and fall of music sales in the early 2000s with the rise and fall of Napster. A study several years ago found that people using Napster actually purchased more music than they did pre-Napster. Today you have music streaming services so you can listen to all this music for one monthly price (usually the price of one CD), so no need to buy any albums.
Alonzo Smith
Alonzo Smith Күн мурун
Selling samples of the records, make more money from the pieces than the whole song
Jake Rodriguez
Jake Rodriguez Күн мурун
25 years in the music industry as a producer, engineer, and songwriter. Today’s music industry, specifically the major labels, are dying.... literally. Hanging on by a thread with artists like Drake, Cardi B, etc., selling/downloading/streaming their records to keep them barely alive... They don’t have the time, money, or inclination to develop their “new/budding” artist’s songwriting ability... it’s a “singles” world... record a single, invest in online promotion/marketing, hoping to recoup with a profit. In today’s “DIY” climate in the music industry, an artist is smart to stay independent, record, produce, market/promote their own records, and retain their publishing, rather than sign with a label and give it all away... Also, most of today’s “pop” songs will NOT stand the “test of time,” as they are all just copycat, trendy... no real timeless substance or lasting universal lyrical content. Why try to develop an artist’s songwriting for potential publishing opps down the road, if the majority of their songs are crap???
axe2grind911a
axe2grind911a Күн мурун
The best new music is doomed to be unknown until the music industry develops a soul. This will NEVER happen... "Welcome my friend, to THE MACHINE!"
G R
G R Күн мурун
In my view Bob Dylan is the most overrated musician alive. His success is mainly due to what his lyrics represented to some people back in the 60s. His music is unsophisticated and poor, and his nasal voice is, quite frankly, irritating.
axe2grind911a
axe2grind911a Күн мурун
Hard to believe any catalog from the 60's/70's would be worth $400M from now to forever. The people that grew up with this music will all be dead in 25 years. For the artists, it's a no-brainer. Sell now and pass on the estate to your kids to live on the interest in perpetuity.
David Baradic
David Baradic Күн мурун
Perhaps these artists are selling their catalogs because they anticipate the global economy will soon crash, ushering in the New World Order. With maximum cash in hand, they can immediately invest in hard assets like land, airports, timberland, water reserves and other natural resources. Bill Gates recently became America's largest private farmland owner. I think these old songwriting legends are also extremely wise with their finances and anticipating the overall direction of the planet.
Graham Davies
Graham Davies Күн мурун
No one can predict the future however my guess is that The Beatles music will still be played and performed in 20 years time. However I'm less sure about Bob Dylan and Stevie Nicks..These purchases are a gamble by companies who are struggling to make money in any other way.There are are very few music acts that will endure, Just look at Classical Music where there were hundreds of composers back in the day but relatively few are still played now. There is no reason to suspect Popular Music will be any different. The very best will still be critically acclaimed years from now but there will be thousands of artists who at best will be a niche interest and certainly not earning any appreciable money for the owners of their publishing rights.
TheEgg Man
TheEgg Man Күн мурун
I teach high school, my students listen to sabbath purple zeppelin Hendrix Floyd Metallica...etc. they can’t stand today’s pop.
Richard Willard
Richard Willard Күн мурун
did they actually receive the cash or just a percentage after taxes? or an iou
Frozen 17
Frozen 17 Күн мурун
My take is that they want monopoly on content after those musicians "kick the bucket". When Freddie died in 91 there was big resurgence of popularity in Queen and Bohemian Rhapsody again i think toped the charts. I assume publishers think milking future death of Dylan, Stevie etc. in re-releases when the time comes is enough to give back spent money alone+ rights for music in all other media (movie bios, documentaries etc.) This also means they have completely given up on promoting new authentic music. All will be this retro stuff or just a corporate product completely controlled and manufactured by the companies (read: rappers)
D D
D D Күн мурун
Hi Rick, idea for a video: I've always wondered how song writers in bands interact with their band members over song copyrights. If a band member suggests tweaking a tiny part of a song, would the song writer tend to refuse to change for fear of having to share the songwriting copyright? It must put a lot of stress onto the relationship? I'd love to hear your view!
Drum Ape
Drum Ape Күн мурун
Why? Consolidation.
b_senn_
b_senn_ Күн мурун
"We were better off with those guys." - Frank Zappa
Ced
Ced Күн мурун
It's not about the music anymore... it hasn't been for a long time.
Asfandyar Imran
Asfandyar Imran Күн мурун
Rhcp wmtsg
Jeff Porcaro Groove
Jeff Porcaro Groove Күн мурун
Take the $$ and run...what I hear is these artists are not interested in family...giving their catalog in inheritance to the next generation or some charity...then i ask, "Do they really need MORE $$? Stevie Nicks needs 100 million to buy another dress or car or home or... Mortality is the issue--these older artists know their time is running out--it is more a psychological issue than business interest imo. Has all the great music been written? Pretty much yes...there are only mathematically so many chord combinations and vocal diversity...if you take the VISUAL aspect OUT of today's "music" what is left but the actual song. The actual song cannot hold a candle to music written 50 years ago...imo...where is the Gordon Lightfoot song on radio today...and if there was one it would sound like Gordan Lightfoot, so we come full circle.
E J Dussault
E J Dussault Күн мурун
What new "Songwriters?" Can't invest in something that doesn't exist anymore. That's the Nashville songwriting/production team sport formula for hits. They already own their asses, why pay artists when you can make fake ones?
Kris Frederick
Kris Frederick Күн мурун
Record companies don't "believe in artists" they believe in money. Call me old fashioned but it sickens me that people don't write their own music, covers are fine but...I write my own.
ElectricFunkSandwich
ElectricFunkSandwich Күн мурун
This moaning and groaning about the "music business" is getting very tiresome. There are no record labels as they existed. Long gone, long dead, long buried. Good riddance to bad rubbish. McDonald's has plenty of jobs for these "musicians."
Mark Rabin
Mark Rabin Күн мурун
"Why Don't Record Labels Believe in Young Artists?" This is 2021, what record labels? Record labels and publishers "investing" in artists is a long gone paradigm. Beato's myopic version of pop music history begins with his limited experience in the 90's.
Zizzi's Genetics
Zizzi's Genetics Күн мурун
Rick did you work with Hoobastank
Terry Guire
Terry Guire Күн мурун
Would love to hear what Clive Davis would have to say about this, as he was one of the guys who did believe in young artists and enable them to develop into stars, but I believe he's still in the business today. He would have an interesting perspective, no doubt.
antifa did it honest
antifa did it honest Күн мурун
So we're back to the days before Buddy Holly and Lennon McCartney, when bands didn't write their own songs. Hilarious. The same is true of movies. In the 50s and into the 60s, studios were making big, bloated epics, which began to bomb by the end of the 60s. We then had a period of flicks grounded in reality, Praise Bob. Then Star Wars exploded, and we've turned back the clock to the 50s and 60s, big, bloated epics.
Dean Shemansky
Dean Shemansky Күн мурун
Why didn't you mention Bowie who was far ahead of the curve many many years ago - Bowie Bonds
zoofeathers
zoofeathers Күн мурун
Covid has killed live venue performance
stanlowcrickets 888
stanlowcrickets 888 Күн мурун
Since they own publishing rights to these established iconic Rock star catalog, They’ll make additional money through ‘sound-like-copycat’ lawsuits in the future against new artists who use similar chord & melodies in their songs. Lawsuits a plenty to justify the 25 year investment.
Sebastian Olsson gbg
Sebastian Olsson gbg Күн мурун
The rich have more money today than ever in history! They have to put the money somewhere. The art world is even more insane
Jim Allen
Jim Allen Күн мурун
The model has also changed too. people used to buy albums/CD's... 10 songs. When was the last time you purchased an album, if you even bought it at all? When was the last time you even purchased a song for download? $15/mo to Apple covers almost everything and if I want videos - I hit YT. I hate Apple Music because if you give them a song to play, you have no idea which version unless you specify the album it was off (live vs. studio).
Caspian Seal
Caspian Seal Күн мурун
You’re right, it’s the Alex Da Kid model. A roster of artist/writers he can double dip into. I also think it’s partly what you mentioned before that. It’s not just that labels don’t have confidence in younger artists, they just don’t want to bother. They know they can rely on their stable of writers who’ll just churn out 2 minute bangers out of their Echo Park apartments, who’ve basically written the same song for twenty different people. The labels/publishers will then max out the viability/performability in the forms of streaming, sync licensing, music placement, etc., then move on to the next project. Developing an artist? That takes too much time, financial, and emotional investment. Easier to sign kids they can tell what to or not do and then move on to the next one if it doesn’t work out.
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