It's more egalitarian on the Internet - anyone can put anything up. But in terms of the money it takes to allow a band to get good, there's less of it to invest.
Sentiment: NEGATIVE
Music is a language and different people who come along are each using that language to do something different, but all coming at it in a similar vein inasmuch as it's always community based and for the most part nonprofit. Most bands don't ever come within a mile of profit - clearly these people are not playing music to make money.
I need the money. People don't understand how little money you make in a band.
It's hard for bands to stick it out because people grow up, and it never really pays off. If you're looking for some sort of payoff, it's not gonna happen.
With the Internet, bands can come and go every five minutes and the music looks disposable.
The music business has changed incredibly. There used to be 50 record companies. Now there's only three, and it's just getting smaller and smaller. But then again, you have the Internet, so anybody who has music can get it out there.
Big media companies have lots of money and content, but they have no way to tap into a good base of users.
Technology has given us convenience, but at the same time it's making musicians work harder in that if you really want to make money making music and selling albums, you have to go out there and perform. And hope you sell stuff like merch, and get on YouTube, and all the other ancillary sort of things that go along with that.
You know, if a band on a label sold a few hundred thousand copies of their record these days, they wouldn't make any money. But if a band can pump out 10 million copies of a record for free, and 50,000 of those fans come to the band's website to watch pay-per-view videos or buy a t-shirt, that's roughly $10 million in revenue per year.
The money factor had been kind of my excuse as to why I hadn't put out any music. So I just found the cheapest way to make music and get it to people, and that was via the Internet.
Crowdfunding as an idea itself isn't new - bands have been doing it since the dawn of time.
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