With lots of talk lately about DRM and music piracy it's kind of refreshing to come across an article with a different angle. Even if it is a bit controversial.
It's no secret that there are 1000's of artists all trying to get you to listen to and buy their music. Which is why it's important to know who your market is and how to reach them. There is always room for 'good' music which means, if you know who your market is and you make a quality product that your market likes, it doesn't matter how many other musicians are competing. In a sense, having lots of competition just improves the product quality, so that can't be a bad thing.
Below is an article I found which points out an important economical truth.
"One of the least convincing arguments I hear in favour of getting rid of the recording industry is that they're just useless parasites skimming off the artists. Get rid of the recording industry, the logic goes, and all that money will go to the people who actually make the music. But more generally, the problem that artists have is not the recording industry. The main problem musicians face is other musicians. There are too many of them. Pardon me while I make a simplistic, Economics 101 argument here, but it seems to me that the reason almost no musician ever makes much money is that there is a huge excess supply of people who want other people to listen to them sing or play an instrument. When all the primates are vying to get up on stage to impress the other primates, there's little reason to pay the primates much."
[Resource http://patrissimo.livejournal.com/499505.html]
