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Xolodno

(7,337 posts)
7. One of the main problems is media format.
Wed Mar 4, 2026, 01:05 AM
17 hrs ago

Purchasing a tape or CD back in the day gave a lot to the artists and wore out and lost quality over time so you would repeat a purchase of your favorite later. Now...not so much in the download age and keeping backups from hard drives to the cloud. So, the artists started touring a lot more and demanding higher ticket prices. Irony, many of them don't want to tour that much, but are sandwiched between times of excess spending when physical media gave them better royalties which have dwindled to a trickle to finishing a tour and start planning the next one.

Live Nation and scalpers have also taken an advantage of this by adding fee's that make Las Vegas strip casino's blush. And did nothing to fix it.

Newer artists are better prepared and don't have to adjust, however, that is the business model now and only a few make the major bucks. Either lots of tours or expensive "residency" contracts. If you ask me, that's why we have a drought on creativity, they simply don't have the time to invest in it as it once was. The industry is basically killing itself and losing on this monopoly challenge will probably a good thing for them. They will finally have to address the challenges.

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