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Record Labels Are Losing Power to Fans, Artists

Oct 9 2009

Fanscape CEO, Larry Weintraub, addresses what the record company of the future will look like for MediaShift.

An Entirely New Model The record company of the future is a one or two person operation. It's the artist and if the artist is not a business person, it's their 'manager.' The artist finds a way to record their music on the cheap. Whether they record it live at a club or multi-tracked on their home computer, it costs them very little. If they want to spend a little more, they have a job and put a little cash aside each month.

 

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