This week, the largest corporations in music — from streaming platforms like Spotify and Tidal to major labels like Warner Music Group and Universal to tech behemoths like Facebook — finally announced corporate initiatives aimed to help support artists and creators in the coming months. Spotify, Amazon, YouTube, Facebook, SiriusXM/Pandora, and others announced a joint donation to the MusiCares
In the same way many critics have pointed out the coronavirus epidemic’s exposure of the structural flaws in America’s for-profit health care system, Erickson sees the crisis as a referendum on a music industry that’s been increasingly consolidated by a select few massive tech corporations in recent years.
Netflix set up a $100 million fund for coronavirus relief for the film industry, Music Business Worldwidereached out to major streaming platforms, the three major labels, radio conglomerates like iHeartMedia, and tech giants like Facebook and Amazon to get a sense of what charitable efforts the corporations were taking to help aid artists.
Small companies are the ones doing the most. Large conglomerates, as usual, are doing the least. So disappointing!
Maybe the artists will start charging for their at-home concerts. Or start selling tickets to their tours themselves or sell their own songs that can be imported into your favorite streaming service. Too bad the industry is filled w f:”*ed up people.
George Harrison sang Charukeshi for me, his favorite Indian raga. Twelve years after, I used Charukeshi as the basis for an extended piano composition. Like George, I also formed my own label for more freedom. via YouTube
Yes, since they only pay artist pennies on the dollar. YES, YES, YES,
Yes, but they are too greedy!
Nothing better than telling someone else how to spend their money.
What music companies are more powerful than real estate and medical companies right now? 😐
Like Rolling Stone Magazine?
Not just the companies, and I may be off topic, but celebrities in general can do more. They’re made famous by fans, w/out em they’re nonexistent. So all music, acting, influencing, can give back, and help their fans. Celebrities need to help. JeffreeStar is doing this.
Yes
Shouldn't we all? 🤝
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