So now we have seen that Sumerian, Prosthetic, Metal Blade, and Century Media records have pulled out of Spotify. Why should this even matter to any of us? Well I for one had a Spotify subscription because I loved the aspect of being able to have endless amounts of music available at the click of a button. I understand that the music has taken some serious hits in the past few years and that record companies have not been making that much money. It would seem that with the release of Spotify in North America all these record labels would want to jump on the bandwagon and get some of these bands names out there. Well, apparently not.
You see, in order to make money if you are a record company or in a band you have to sell albums, a SHITLOAD of albums. The model for record companies to follow nowadays seems to be the same as it was before the industry crashed. They are so focused on selling albums and lining their own pockets and not caring what the bands have to see. Numerous bands have come out and said that they wish that their music was still in Spotify.
But what should record labels really be focusing on? Let’s look at the facts; have you been to a concert lately? It was most likely sold out and the fans were having a great fucking time and ended up buying merch, shirts, and albums. The way in the music world today for a band to make money is for a band to tour, a lot. I don’t see nearly as many advertisements around promoting tours as I do albums.
Look I won’t sit here and say that the record companies are completely wrong here. I’m well aware that the major labels in the business make more money and that isn’t fair. But still, it shouldn’t be about the money, nowadays it should be about people discovering new music. And besides, bands don’t make money off of Spotify, itunes, album sales, Amazon, or a hole-in-the-wall record store, they make money touring. At the end of the day the Spotify debate comes down to record companies making more money off album sales.