Quote:
Originally Posted by mr dave
i don't think labels are going to disappear. it's still far too pricey to get a solid hi-fi recording on your home system. unless you think you can amass the pile of gear reznor has collected over the last few years without having enjoyed some commercial success.
do you really think radiohead and trent reznor would have made millions with online only releases had they not enjoyed some commercial success in the past to establish a large scale fanbase? would they have had the studio capabilities necessary to make their last albums sound as good as they do?
i really don't think major labels will disappear so much as splinter back into the smaller labels they once were to serve their local markets better. someone will still have to provide funding for a new band to record something that sounds better than a 4-track in a garage (not that there's anything wrong with that).
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Actually, recording music with semi-decent quality is fairly cheap to do... I've been kinda looking into it, and its certainly not out of the question. Obviously a band will need better equipment to really make it big, but you can at least get your debut album "out there" off of fairly little money.
Really, labels are just middle-men who do fairly little these days. They are meant to handle marketing and distribution, but the internet mostly takes care of those problems.
Edit* I don't work at a label, and therefore don't know this for sure^ but thats the impression I get.