"A record label is a venture capitalist in a far more ballsy way than most: they put ALL the money up, right at the front."
Without the music that the artist performs, the record label has nothing to sell. After they use the artist up and spit him or her out, they then hold the rights to the artist's recordings for decades.
I can tell you who I respect in this transaction, and it's not the vampire record labels.
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Re: Re:
"A record label is a venture capitalist in a far more ballsy way than most: they put ALL the money up, right at the front."
Without the music that the artist performs, the record label has nothing to sell. After they use the artist up and spit him or her out, they then hold the rights to the artist's recordings for decades.
I can tell you who I respect in this transaction, and it's not the vampire record labels.