God, I f@cking hate it when people go about giving opinions when they are not musicians themselves, or in the business at all. Let's cover some points here -
Like most people stated "It is so easy for an artist to make his/her own music and get it out there.. you don't need a record label anymore"
Are you kidding? I have produced my own stuff, and it's out there.. but who notices? I have 6,500 'fans' .. but imagine if I had a major label marketing my music - that number would have multiplied by much more. I spend MONTHS making a piece of music sometimes.. I do have a family to support as well. In the end when I release a song, people whine about paying $0.99 for it (even though they love it) and they go and download it from a torrent site. I have a comment posted on my YouTube page by someone - "How can I get your songs for free??"

Do you really think I am going to spend thousands of $$ marketing my music when people can easily download it for free? Heck no!
Do you know how much damn money it costs to make music? (right from song writing to production and marketing, etc)
Let's see - cost of music instruments (quality instruments - not a little casio keyboard), cost of studio recording, mixing, mastering, production costs, let's not forget the 'time' (you guys do know the concept of time?) that musicians spend making music. Everyone assumes musicians just play their little banjos all day without eating or having to pay rent, or anything else that normal people do.
Next, legal agreements, distribution deals, publishing, song writer royalties, etc etc what have you.
I remember when singles used to cost upwards of $5-$7 - now they are $1.29 - not a great move on the label's part but really, when you think about it - $1.29 is PEANUTS if you look at the effort that goes into making a song or an album.
Only buy the music you LIKE - there's a tendency these days (especially amongst teenagers) that they HAVE to own every song that's on the radio. ("Oh I have 1000 songs on my ipod.. how many do you have? What? Just 500? hahahaha!)
and then you have bloody piracy rampant everywhere. What do you want the labels to do? Declare bankruptcy or raise the price a bit?
If all the f@cking torrent sites shut down, and music was bought legally all the time, then the labels would make enough money to sustain themselves and everyone involved. But that is not going to happen -
Please stop treating the music business as though it were so easy to record a song and the whole world will start buying it the very next day.
