David Bryne(pictured right) of WIRED Magazine writes an interesting article on a record companies role in music. In short it talks in detail about why and how artists are less dependent on big record companies in today's internet savy world.
What is called the music business today, however, is not the business of producing music. At some point it became the business of selling CDs in plastic cases, and that business will soon be over. But that's not bad news for music, and it's certainly not bad news for musicians. Indeed, with all the ways to reach an audience, there have never been more opportunities for artists.
If you've ever wondered how much of your $15 goes to the artist vs. production costs this article can finally shed some light on those type of questions, not suprisingly though things aren't cut and dry in the record industry. There are a lot of people getting a cut of that $15. After reading the article it seemed unfair that an artist gets so little in a typical contract.
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