Cryptowen wrote:My thinking is, even if illegal torrent were totally halted, the big record labels would continue to decline because of the increasing ability for smaller independent groups to compete on an international scale. Already we have a ton of Indie groups getting almost as much attention as major label artists (and this would include everything from bands like Animal Collective to that autotune remix of the Double Rainbow guy). To me it seems like a lot of these smaller labels are more open to the idea of free internet distribution (not just torrenting, but things like full album previews, releasing multitracks for remixing, uploading songs to social media sites like Youtube or Soundcloud, etc.). I think it's still going to be possible to make money as a musician (maybe not millions like some have in the past), but those who don't adapt to the reality of the internet are just going to fall behind.
well said and I agree 100%