vanguard holdings a major investment company has stakes in private correctional facilities n they also fund major music distribution companies so technically that is true
Bro I gotta be honest I don’t even follow you for production tips or tutorials. I respect you and all your hard work but THIS is IT for me!! there is no other RU-vid channel that even dares to do this, thank you so much busy, keep it up never gatekeep knowledge ever!!
@busyworksbeats - I grew up in the biz, an I have to say, this is one of the FINEST explanations that I've seen! Bravo! Yes, there's a ton of middle-men between what we create and in the end, what we get paid... As a session player, I'm used to getting my pay for the work I do, but I don't have any sync/licenses on what I've played bass for, even stems... I'm trying to get into the Sync/License as a composer now... Last year I made under ten bucks from streams.. there's gotta be a better way! I love music, I'm a musician, seasoned over 40+ years... More than willing to collab with anyone as long as there's a Split Sheet, I'll even work on spec!
you have to have fans that care enough to be inconvenienced for a download. that's hard to do, the average music consumer isn't built like that. they don't care how much the artists suffer, as long as its super convenient for them to stream.
As a past programmer I’ve been saying that there should and could be a better system in place for the creator, but the system won’t allow it will put too many out of business or a job!
I love this series bro! I could shed a tear right now. Make part 3 please 🙏 if the contract says 50% royalties... Do we get a cut of the "blanket deal?"
10:24 we choose with our distro if we want to publish our music to any social media platforms and we get compensated if we choose so. You can publish to a single DSP if you want, and the social media companies can’t use it then.
One question; What experience in the music industry do you have to expose it? Critiquing a system and exposing a system are two different things. The latter requires experience. So what experience do you have?
One of my friends used to rap, and he straight up, told me all of these rappers that you see do not make their money from music they make it selling drugs, and that’s why they keep coming up dead.
What also bothers me is this concept of record sales & the equation they use to determine how many streams equal a sale is so Backwards. We live in a Digital age & most artist audience are not buying physical copies. If they would improve the equation you would be shocked at what artist sales actually are.
This is so informative. Thank you. I do have a question. If artist hasnt put their music on DSP but used soundcloud is their also some rights they have giving up to use that platform is they are not getting paid from it?
If the music industry is as exploitative as you describe, with low streaming revenues and difficult access to profitable avenues like sync licenses, how is it that we still see a continuous influx of new artists and musicians who are able to make a living and sometimes even achieve significant wealth and fame? Isn't this a paradox that challenges the idea that the music industry is largely unprofitable for artists?
They are most likely specifically selected to be put infront of you. Either that or said artist is making music about death and killing their own people. Those are the two ways, industry plants and death rappers/artists. Ask yourself, like man that person is really blowing up? what type of music are they making? is it negative? because music with a positive message and positive energy is not blowing up unless its being used a tool by the same people who push the negative music.
Your a real one man. I made my first beat from your video “how to make a beat part 1 Chrords” not going to lie I still suck but if I keep swinging and banging all just for fun & love for music
@busyworksbeats - in the end of your video, you us if we can name anyone from the music biz who took a chance. Back in the early 90s, I was lucky enough to have this happen to me, as a bass player, deep in the woodshed, paying my dues. I was taught lessons, from one of the top head hunters from the Record Plant back in the day. He taught me the trade secrets how to find the gems in a band, and how to approach them, if you were going to build a hand-picked project, and how to have the conversation with said musician(s). There were other lessons along the lines of how the biz operated from the perspective of a sideman, as that's what I was working towards. For over 40+ years, those lessons paid off for me. Now, over the last three years, I've been slowly and steadily building up my music portfolio as a composer. I've made some inroads, however, I am always looking to expand.
Awesome! My question was to name a famous employee from the music industry conglomerate (Sony, Warner, Universal) An employee specifically, not necessarily musician.
Hi. What effect do you apply to the vocals for the remix? It's like my vocals are always dim. Even if I write the notes correctly, it's like they are not compatible with the vocal.
To totally skip the system, we'd be using web3 systems. The concept of traditional royalties is controlled by the existing Music Industry systems. I teach music producers to sell directly to their customers to build that relationship. And use royalties and streaming as a way to reach new people, not as a main business model. I also teach that if producers go into the music industry, they should aim for partnerships.
I think most celebrity musicians are much poorer than we realize. If they are actually wealthy they did something funny to become that rich it wasn’t purely because of their music.
Again Amazing Information ! Finally Some Real Stuff! its eye opening Thanks BWBeats Ur the best! had to sub! looking forward to picking your brain to learn as much as i can
You mentioned that streaming platforms generate low revenue for artists. However, isn't it true that these platforms have provided a global reach for artists, especially independent ones, which was not possible before? How do you reconcile this benefit with the low revenue argument? You suggested that selling physical CDs could generate more income than streaming. However, in the digital age where physical sales are declining and digital consumption is increasing, how practical is it for artists, especially emerging ones, to invest in physical sales? You encouraged musicians to adopt an entrepreneurial mindset. While this is beneficial, isn't it also true that not all artists have the skills or desire to handle the business side of things? Shouldn't there be a balance where artists can focus on their creativity while also having professionals handle the business aspects?
If you're a songwriter + singer ,.. you MUST go do live perform on the road, you can't just sit on your couch playing pokemon, period.. so these societies are the ones that will make you profit, through commercials,etc. Definitely not coming from this streaming industry, period.. once you're already seriously well known in public, by then these streaming industry will treat you as their VIP customer.
the live industry has been decimated. The venues now take a huge cut of your merch and now the majority of them are owned by Live Nation, jacking up ticket prices.
20:20 I hate how ppl make this comparison. CDs pay you once while DSPs pay you every single time they listen. People don’t really listen to a song just once. And the lot more people are gonna listen to your music on DSPs then they would’ve on CDs because of friction. It doesn’t cost them anything to listen to your music on a DSP whereas it cost them money to even try out listening to your music on CDs. Plus the algorithm leads to a lot of organic traffic and I’m sure any consumer on any of these DSP’s would tell you that they’ve discovered a lot of music through their DSPs algorithm.
If a cd has a value of $10 and a stream on Spotify has a value of $0.003, one would need to stream the song 333 times to earn $1 through streaming. Even assuming the consumer purchased the song as a single for $1.99, the consumer would need to stream the song 663 times to equal the same value as simply selling the music directly. You would need an additional 662 people to stream your song to compare a “one-time” CD sale to a stream. In other words, you need LESS people to buy than in streaming. In regards to the “discovery” element of music via streaming platforms, most artists pay to become a part of the playlist syndicates in order to be found. Organic Spotify searching is not popular nor the norm. Most artists send traffic directly to their Spotify links. Not much of that process is organic discovery.
It's crazy how dudes beat themselves up because they can't sell their music. Then put all this negativity on those trying to hustle beats. Like, you don't see a bunch of hoopers making videos talking bout, I can't make it to NBA. I mean, Shaq went platinum. Any hip hop dude can be successful.
11:30 bro this is another ridiculous point. You literally said it yourself. You paid more for CDs than streams. Since consumers now pay less to listen to our music, less revenue is generated overall, so we make less. It’s just a formula, it wasn’t a negotiation.
You clearly missed my point. I said why did these corporations dictate the value for a stream? If I buy an album that’s musical perfection and play it once a year, it’s not worth $0.003 to me, it’s worth much more but due to ignorant artists, they’d prefer stream count numbers over real revenue.
Part 4 is Blockchain 🤪😂🤑WEB3 Lol, You gonna sell us a crypto scheme?FROM THE FTC: People use cryptocurrency for many reasons - quick payments, to avoid transaction fees that traditional banks charge, or because it offers some anonymity. Others hold cryptocurrency as an investment, hoping the value goes up That is it, crypto is a speculative asset like baseball cards...
being 44 years old and selling beat in the early 2000s, when making a beat today I cant wrap my head around leasing or sell a beat for cheap. im still learning this modern business times.
