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Views : 1,292,391
Genre: Education
Date of upload: Mar 16, 2022 ^^
Rating : 4.702 (3,349/41,629 LTDR)
RYD date created : 2024-05-14T16:12:19.076585Z
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YouTube Comments - 3,090 Comments
Top Comments of this video!! :3
I am beginning to think that everything is a scam.
2.3K |
As an aspiring musician. The only way I see music being viable these days is to do it independently. Everything the record label offers these days can be done yourself. Artists now gotta diversify their skillsets to push out their songs.
5K |
it's incredible how many artists don't view the 'album advance' as a loan..
528 |
There was never a golden era for artists and songwriters. Deals have always been structured to benefit labels.
270 |
As an engineer I would advise ALL artists to have a lawyer present while signing any documents
2.3K |
Bruh, for someone that talks about scams and scummy practices its really bold of you yo promote a "Crypto powered" service. As a software developer I know how beneficial decentralized technology could be, but right now its just a waste land of scammers that call themselves "Entrepreneurs". Crypto right now isn't a way of gaining independence from controlled currency, but an easier mean to scam and steal.
1.3K |
Watching this boils my blood. Thankfully, the label we've been with recently let us go when we asked them to. They released us out of our contract as we had such a mentally draining time recording our second album. They're some of the good people. But the label we were with when releasing our first album, made so much off us - it's a joke. Our Spotify has earned nearly 300k, and my bandmate and I have seen about 10k of that each. When recouping the advance and expenses, the label took only our 50% to cover the recouping, and their 50% was income. So by the time we started making any money off our music, they had earned double. It's set up for artists to fail and it's heartbreaking. (What's even more frustrating, is the song that blew up on Spotify and made them all their money - WE actually paid for, as they didn't want it on the EP and we did. Kill me.) Luckily, I stay clear from any third parties now and make a very decent living off music. I won't go near labels or publishers again. They're just pie pinchers. You can do EVERYTHING yourself now - so why give your art away? Never. Again.
646 |
The fact that Elvis Presley, who people held more in awe than anyone else at one point, was screwed almost throughout his career by not just his manager but also the big record labels is a testament of how powerful big music was and still is.
71 |
I was pumped to see a non-NFT pushing video, and then it hit me : For the music industry- the TuneFM token is the middleman and the owners who pre-mined the coins are where the profits will go.
2.7K |
Bruh I actually feel like tune fm is a scam, wtf
The UI is completely broken, the first song I played literally blasted my ears, the stop button didn't even work and neither did the volume slider
339 |
The music industry is truly DEMONIC. They do everything they can to push away those who are TRULY talented, in lieu of easily manipulatable, auto-tunable, no talent low lifes that can be controlled by the industry. Then, once in, the industry goes to great lengths to make sure the artist brings in the most profit, while they squelch their talent. And EVERYTHING comes out of the artists pocket : air travel, hotels, catering, payroll of the myriad people working for/with them, booking fees, manager fees, you name it. Then, because albums/records/CDs are now passe, the promotions team puts the artist on brutally long-winded tour dates, where they don't even have time to catch a breath between shows, which are usually back-to-back-to-back night after night, making the artist exhausted and soon worthless on stage. Then, when they're used up, and squeezed out, they're kicked to the curb to turn around and find a new sucker for the evil same ride. It looks oh-so-glamorous from the outside, but it's a nightmare for the artist once they've made it. It's truly a wonder ANY artist can make any money at all the way things are nowadays.
20 |
One of the sad things is that artists have to spend more time being video producers and social media marketers now than just being artists, which is probably why most new music sucks now.
38 |
Prince was shouting this from the rooftops decades ago.
73 |
"The number one music NFT Marketplace"
excuse me, can you roll that back?
131 |
As much as artists don't want to learn the business - they have to. Take a play from Lauv. He started his own label and built his own team around him to build up a business structure that they mostly control - he still has a publishing deal but that's for writing only and not distribution of his own music as an artist.
Would you rather have 1 million fans and make hardly any money or have 100k fans and make a killer living?
Don't need to have a million fans to make a fantastic career when you own 100% of what you do. But sadly most creatives hate the business side so much that they are willing to make a deal with the devil to avoid it.
The industry is changing so much that smart artists and creators are finding people to either partner with them or give them a percentage to run their business. That is way smarter than giving away masters.
502 |
I am signed to a major record label and I have not been paid in 2 years. This video is very accurate
They have made $1 million from my song and have never been paid me a single cent.
These are the people that are destroying the music industry. Stay Independent
151 |
Jake is such inclusive. From high level govt organizations to celebrity singers. The hitlist keeps on growing.
1.3K |
The crazy thing is that Kpop labels are actually very transparent about all of this happening.
Once a person gets cut off from a Kpop label they canāt use their stage name (itās owned by the company), they canāt re-debut with the same band name (also owned by the company - see Gfriend after being cut off from Source Music/Hybe), and itās unclear whether they can sing their own songs (see Hyuna after being cut from Cube).
Even worse: loads of Kpop artists have repeatedly come forward to say they werenāt paid until after 3/4/5 years after debut. Thereās the whole trainee debt too, but everything Jake said about the ālabel/writer/producer cutā also applies.
1K |
Prince noticed this back in the 80's and started his own label in the 90's, changed his name to that symbol. He was the man!
7 |
@jaketran
2 years ago
š§ Get 100 JAM tokens for free and stream music to support artists at tune.fm/
303 |