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Let’s Talk: Are Record Labels Relevant Anymore?

With this question an important topic in our modern music manifesto, it seems it is a question that has been begging answers for years now.

With the work of singularity and independence coming into play in the music industry, less and less artists have had to rely on the demanding schedule and pay schemes of record labels. Whether it be independent or corporate, the feelings are mutual with record labels becoming less and less prevalent in our industry.

More so for financial support than anything else – and to merely shift the artists around on a spreadsheet to ultimately balance the books – record labels are not nearly as important for underground and bedroom music artists, who can distribute their own music themselves.

With artists fully in control of their music, their are fantastic sites out there that can allow artists to obtain 100% of all music royalties – without having to do unnecessary splits at the business table.

It is important to uncover that some record labels out there are sourced independently and the majority of them are musicians themselves. Keen, motivated and simply happy to be where they are, these more indie-sleuths of the corporate world are a far more dazzling prospect to keen up-starters and demonstrate a more creative side to the industry. Where investments, global value and profits are still important, these indie individuals like to take a back seat on such matters, and focus more so on the music.

Transgressive, Domino and Mind of a Genius Records are a few that do exactly that. But, with these still alive in our industry, many are far too hesitant with the prospect of incorporating contracts and verbal agreements into their music – when all they want to do is just play it.

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So, what’s your view? Are record labels a dying breed? Should we leave them behind as we get our music industry back on track from lockdown? Or do we need them know more than ever simply for financial stability?

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Song of the Day: The Lumineers – “BRIGHTSIDE”

The sorrowful beauty of indie folk lovers of The Lumineers are back in a new ambient space with their single, BRIGHTSIDE.

From their return from 2019’s III album, The Lumineers are back and heralded with their vibrancy once more. This comes off the back of their fourth album set to release next January in 2022 – and is sparkling excitement in the folklore of folk music.

Ever since their eclectic Hey Ho from their debut, they have gained emphatic status and recognition for the music efforts. Eclipsed by their 2016 album, Cleopatra, BRIGHTSIDE is the coming of age and their fourth instalment in the saga.

You can have a listen to the song below:

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WARNER MUSIC BUYS BOWIE CATALOGUE

The legendary post 1968-backlog of Bowie’s catalogue now resides with his estate and is being licensed in its entirety to Warner Music. The ownership of who owns what in terms of Bowie’s music has been up in the air for a few years and now so it may finally seem that all direct ownership belongs to a single major record label – as opposed to a mixed bag of past and present albums being owned by more than two record labels.

This of course, brings new creativity and establishment for Bowie and his music. Will there be remastered and edited versions coming in the near future?

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Isle of Wight Festival this WEEKEND: What are your set highlights?

The Isle of Wight Festival is set to kick off this weekend, and so what are you most looking forward to in set performances and artist appearances?

After Gallagher’s triumphant return to the main stage belting out Oasis classics – and falling out of a helicopter after – it certainly brings out the festival in a new, raucous light.

“Who said Rock ‘n’ Roll is dead, Keith Moon eat your drum skin out.”

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How influential is Tik Tok to the future of the music industry?

For some, the new rockers are the next influencers for the industry – they just don’t know it. For many, TikTok is very much running everything.

With the global pandemic shutting down the industry as a whole, artists had to adapt and bend the rules a little bit. Enter the meteoric rise of TikTok. A multi-global phenomenon that has taken the world by storm, it is a huge opportunity for upcoming musicians to get the go-ahead, from just the sheer numbers they pull in!

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The story of Jason Derulo is one to admire. Dropped by his label in early 2020 for not being a priority, Derulo was at a loss. After feeling under appreciated from his mass delivering of number 1s over the years, he felt done for in the music industry. But, since he joined TikTok, he has amassed over 46m followers and became the 13th most popular music artist influencers on the platform. No doubt, revitalising his music career and putting Deluro back into the name of Jason.

It may be certainly easier as an already established artist, but the independence is there for anyone to pry into their creativity and amass a large following. The importance is to understand the game and out-work everybody – then? The sky’s the limit.