Quote:
Originally Posted by edwardc77
First Consequence:
The end of big budget productions.
It will be very difficult to hear in the future complex albums that require months of studio sessions and lots of money to fund. Albums like Sgt pepper’s lonely hearts Club band, The Dark side of the moon, Loveless and The Fragile to name but a few.
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You're assuming that all money for recording albums comes from record companies. They don't.
Lots of bands have financial backers who are willing to throw money at bands as a tax write off if they don't make it back.