As a professional independent musician since the
late 1990s, I (and, without exception, all of my contemporaries) have felt the
effects of the digital age first-hand. Up to the early-mid noughties we could
depend on regular royalty checks from our record labels, a result of selling vinyl
records and CDs to a small but consistent audience of underground music enthusiasts.
Unless you had a certified underground smash hit (e.g. 10,000+ sales and up)
you weren’t getting checks for more than a few thousand dollars at a time, but
what we did receive enabled us to pay our rents, bills, expand music
collections and occasionally upgrade music gear. In other words, we made a
modest living from selling our music.
It should be no surprise that the changes of the
last ten years have seriously challenged our business and artistic practices. As an example,
a good record for me would sell 4-5000 vinyl copies in 2000; today I’m lucky to
sell 750. Luckily there is a still a niche market for vinyl records, but this
has not been the case for CDs which continue to reach new sales lows with each
passing year. My own experiences are clearly reflected in the greater music
industry- sales of recorded music is down 64% since 1999 (Lowery, 3).
Due to these realities, we have been forced to
continually re-evaluate how we reach our markets, sell our wares and make ends
meet. While the digital age has decimated music sales, conventional thinking
tells us it has also leveled the playing field between (what is left of) the
“major labels” and independent labels and musicians. As artists, social media
tools such a Twitter, Myspace, Facebook, Soundcloud, Instagram, etc. have all
allowed us to reach fans and expand our audience in more intimate and effective
ways. We also, via sites like Bandcamp and the like, have the means to sell our
music directly to the public.
Alas, this DIY narrative doesn’t truly reflect the
difficulties artists have had surviving, and several of the indie, youtube etc. “success”
stories of the past several years were actually PR stunts that had industry backing
(McLean, 1370). In addition to this, the past ten years has created an
environment where vast sections of music consumers now perceive music as being
free (the perceived legality of it bears little consequence), clearly reflected in the nose-diving of music revenues. While a small portion
of the public still purchases music, the royalties garnered from these sales
are miniscule compared to what they were in the 1990s. Now Spotify, an increasingly
popular streaming music service launched in 2008, creates the illusion of legitimacy
for consumers while artists are compensated paltry sums. Indie labels who have licenced
their catalogues to Spotify are particulary disadvantaged, receiving no advances,
no minimum per stream royalty guarantee and a lesser share of ad revenue than major labels enjoy (McLean,
1372).
I, like most artists, have come to realize that the business model we were
used to prior to the noughties will never return and we need to find new ways to
create revenue from our artisty (namely gigs, merchandise, synchronization licencing
etc.). Nonetheless, we cling to hope that there is a chance for a fairer, more egalitarian
business model that will provide artists modest revenues from music sales while
still meeting the needs and expectations of the music consumer in the digital age.
Works
Cited
Sudip Bhattacharjee, Ram D. Gopal, James R.
Marsden (2009). Re-tuning the music industry: can they re-attain business
resonance? Communications of the ACM.
Vol. 52 (6,) pp136-140.
Rebecca Coyle (2006). Editorial: Ether to 01 -
Digitizing Radio. Convergence:
The International Journal of Research into New Media Technologies. Vol.
12(2), pp.123-127.
David Lowery (2012). Letter to Emily White at NPR All
Things Considered. Thetrichordist.wordpress.com.
18 June, 2012. Web. 20 June 2012.
Rachel McLean, Paul G. Oliver, David W.
Wainwright (2010). The myths of empowerment through information communication
technologies; An exploration of the music industries and fan bases. Management Decision, Vol. 48(9),
pp.1365-1377.
1 comment:
Apart from making a slightly more guilty Spotify user (!) I enjoyed your post. So how would you respond to those who claim online sharing is good for musicians, especially those who are independent or have smaller markets, because it drives word of mouth marketing and that there's a positive correlation between illicit sharing and the propensity to legally purchase music?
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