Artists from Cardi B to Neil Young to Taylor Swift are using quarantine as an opportunity to rethink their business models in genuinely new ways
This dual story occasionally forgets a thriving community of companies operating in the middle of these two narratives: independent record labels, plus those indie “services” companies working with artists who own their own copyrights.
A release slowdown from major labels has likely been a contributory factor in a trend worth watching over in the U.K.: the market performance of debut albums released outside of Universal, Sony, and Warner’s walls. In the first six months of 2020, according to thein May via Bertelsmann-owned BMG. The OCC confirms thatThe U.K.’s second biggest debut LP in the period also came from an independent source — Lauv’sreleased via Kobalt’s AWAL in March. The good news for independents out of the U.K.
Talking of pandemic Number Ones, it’s also worth mentioning – as ever – Taylor Swift. Physical music sales in the United States fell to record lows in March and April, thanks to a combination of record stores being shuttered and the aforementioned deceleration in typical release frequencies. Yet with
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