Well,
To start off here are a few thoughts: I hate major labels, I love Sunny Day,
money is needed to survive, Sunny Day will have the uper hand in talks about
the music because they have a great fan base (us), Sub Pop proably isn't a
label right now and Virgin records is not that bad a place to be. But if you
don't hate major labels here a story.....
In 1984 the Compact Disc was released it was about double the price of an LP
($17-$8) and CD players were in the 1,000s of dollar range. No one was
willing to change formats. Up intill 1989 CD sales grew slighty, but no as
much as the major labels would like. So in 1989 the 7 major record labels
announced they would no longer accept returns on LPs. This forced the stores
to stop selling LPs and turn to CDs. CD players got cheaper and the CD took
off. Causing (us) the comsumer to fork out out almost 10 more bucks for a
record. Also at this time the bands who recorded the records were still being
paid their percentage of cash at the LP's list price (8.98) not the CD's
(16.98 soon to be 17.98 even the the cost og making a CD with case and liner
has droped to below 85 cents). What happened to the extra money? The
record label kept it. The record industry was never infestigates by the
goverment (some donations to the republicans and the democrats help this) as
a monopoly even though they single handedly change the market.
So there's some info, what do you say?
Porter
