General Discussion
In reply to the discussion: Everyone who listens to music needs to READ THIS! [View all]GReedDiamond
(5,521 posts)...as a format for selling albums, cassette playback equipment often also had the ability to record onto blank cassettes, so the Record Industry attempted to force the manufacturers of blank cassettes to add an additional amount of money to the retail price of their products, which the cassette manufacturers were supposed to pass on to the Record Companies as a "royalty payment" that would supposedly go to the Labels/Artists as compensation for people recording stuff off of the radio or from other sources, such as vinyl or prerecorded cassette, onto blank cassette. That, fortunately, never happened.
So, yeah, The Record Industry had a big problem with people recording stuff off of the radio or whatever.
FWIW, I am an indie recording artist dating back to 1978 - when we still released stuff on 7" and 12" vinyl - and I still record and release stuff myself (or get it released sometimes by other indie labels), and it is a very difficult biz to make any money in - although part of that is because we often times give our music away as free mp3 downloads, just to get the material out there.
Personally, I do not care for the quality of the audio from an mp3 as compared to a properly recorded and mastered, commercially produced CD. To my ears, mp3s have noticeably inferior sound quality, due to the compression. Plus, you usually don't get the album artwork/graphics when you download a digital audio file.
I am now working with a Canadian based company which is attempting to find other revenue streams for our catalog of tunes, by looking for mechanical licensing deals, movie/tv show music placement, sub-publishing (re-registering our already registered tunes - registered with BMI through my pub co, with altered titles through 2nd party publishing companies), etc etc.
The latest CD we have produced should be out in July, only about a year or so behind the original schedule, and we are already working on the followup to it.