The Internet was supposed to liberate artists and replace the traditional businesses that had been disrupted by digital distribution. Musician David Lowery (Camper Van Beethoven, Cracker) says the math still isn’t working:
I was like all of you. I believed in the promise of the Internet to liberate, empower and even enrich artists. I still do but I’m less sure of it than I once was. I come here because I want to start a dialogue. I feel that what we artists were promised has not really panned out. Yes in many ways we have more freedom. Artistically this is certainly true. But the music business never transformed into the vibrant marketplace where small stakeholders could compete with multinational conglomerates on an even playing field.
In the last few years it’s become apparent the music business, which was once dominated by six large and powerful music conglomerates, MTV, Clear Channel and a handful of other companies, is now dominated by a smaller set of larger even more powerful tech conglomerates. And their hold on the business seems to be getting stronger.
“Meet The New Boss, Worse Than The Old Boss?” — David Lowery, The Trichordist