I am really disappointed in bay area artists, it seems like they are last in line when it comes to capitalizing on this digital age. As somebody said before this is all about technology. The entire recording industry is predicated on technology and how record companies found how to make money off of the newest technology. From records, 8 tracks, cassettes, cds, and mp3, that is what they have done. My theory is that the "recording" industry is dying, one day recorded music will be free. Artists have to understand that they have to get back to being performing artists. The recording industry was created when people found the technology to record live performances and sell them. Record manufacturing companies would sign performing artists to recording contracts. You know the rest. These days are just about over. Hip Hop needs to learn from Rock and Roll, epically its underground survives because its foundation is a stage show. Many larger rock groups are leaving record companies. Madonna just signed with Live Nation, leaving Warner Bros records. Get up on it.
Madonna Announces Deal With Live Nation
2007-10-18 11:30:28.157,
Story by: Michael Tedder
Confirming months of rumors, Madonna and Live Nation's President/Chief Executive Officer Michael Rapino have officially announced a global partnership agreement. The unique deal will include all aspects of Madonna's music-based ventures, including albums, touring, merchandising, fan clubs, DVD, sponsorships and television projects. This is the first time that all sides of Madonna's music career have been handled by one company.
"The paradigm in the music business has shifted and as an artist and a business woman, I have to move with that shift," said Madonna in a statement. "For the first time in my career, the way that my music can reach my fans is unlimited. I've never wanted to think in a limited way and with this new partnership, the possibilities are endless."
Madonna also said that she has one album left in her Warner Bros. Record contract, which will be released next year.
http://prod1.cmj.com/articles/display_article.php?id=50047314