Good for them. My wife and I were just talking about the same sort of thing, though about publishing.
If radio isn’t going to play new non-hip hop/dance music on the radio, then the majors’ weight won’t count for much.
And just because you are on a major doesn’t mean they will spend their resources on marketing your album.
Record stores are falling away so they can’t even guarantee you prime real estate/visibility in retail.
The RIAA says we are paying too little for CDs now (and the majors got caught a few years ago in a price fixing scheme trying to push the retail price of a CD up past $17). Do you think that the bands would see $5/disc profit that way?
The old guard killed what was once a lucrative business.
Ping
If instead of earning $1 for each album sold, they can earen $6, will they then LOWER the price of their album, and make it up on volume? That’s what is killing CD sales..IMHO. prices of$15-$20 for a CD, when most people onyl want one or two songs on any given album
Capitalism at it's best, learned first hand, at a young age. Love it.
Good news! Thanks for posting.