Dogbert
Helsinki Smash Rod
The record industry as a whole is high-risk, absolutely, but my argument is that the big RIAA labels are inherently low-risk, because the bands have already proven themselves with the high-risk labels.Record labels are historically high risk, obviously they shoot for a diverse selection of potentially profitable bands but many don't produce. I thought it was common knowledge they lost money on most bands.
Up until a couple of years ago, that's just how the game was played. Signing with the RIAA was "making it big", so you had to go along with whatever they said, if you wanted to make it into that "next tier" of music.And who signed the contract, no one held the a gun to the artists head. And all this profit isn't showing up in their quarterly reports?
And I don't see how you can ever go by a quarterly report of an RIAA label, judging by how they deem the value of some things. I'm sure it's showing up in quarterly reports, but likely being drowned out by the "millions" they're losing from home downloading.
Agreed. It's this part of the reputation that the rest of the parts follow, to be honest. They went about trying to solve their supposed money problems in the worst possible ways, and now they have an absolutely abysmal image.That is the RIAA, and that was pretty dispicable, that stunt they pulled with the, "for hire," copyright law was pretty low too.
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