This may be good news for independent musicians in the distribution of their music.
In this news snippet I just came across, Alan McGee who is the founder of the English record label, 'Creation Records' says:
"Downloads will be king within the next couple of years.....The majors have lost the football."
McGee believes the decline in singles' popularity to be inevitable and indicative of a change in power in favor of musicians and smaller labels.
The British Phonographic Industry rejects that view, saying:
"It depends how you define the single....In terms of the volume of single tracks that have been sold, the market has doubled in just over a year. What has happened is that the singles market has accommodated a new format, the download."
Creation Records is home to some great bands the most famous (at least from a commercial point of view) would probably have to be Oasis.
Given Alan's history and success with Creation Records and having helped launch many successful 'alternative' type artists, he probably knows a thing or two about the trends of the music buying public.
No-one can deny the popularity of music downloads and the good news is that this puts all creaters of music on a level playing field. Savvy independent musicians need to learn effective ways of marketing their music and getting their song noticed and heard in the digital world.
[Resource http://www.upi.com/NewsTrack/view.php?StoryID=20060718-080255-2274r]
technorati tags:indie, independent, musician
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