Charvolant

I remember agreeing with Stefan Herwig in an email a few weeks ago that record labels provide an important and valuable service to musicians. And they do, but I want to point out that this still doesn’t mean bands need record labels. Bands just need the services the labels provide for them. It’s important to make this distinction because these services can be done by anyone, it doesn’t have to be a record label. And there are more businesses and people who can provide these services now than ever before. So the challenge for record labels is really that they are going to have to change their practices enough so that they become more attractive to musicians than anyone else who can provide the same services with greater satisfaction for the band. Sure, I’ll agree that the record label as a concept isn’t dead, but it does have stiff competition for the first time in its life and needs to adapt to the changes.