Quote of the day from Lefsetz

"[I]sn't it funny that Pro Tools is not controlled by the labels. That's how they bought their insurance. By dangling enough cash to pay for recording. But now anybody can do it in their basement.

"Oh, don't get your knickers in a twist, don't say that's impossible, that you need pros and a real room. Many independent acts today make enough money on the road to pay for real studios and name engineers and producers. They're smarter than the labels. They know it's about performance and merch, in many cases giving away recordings for free. Because their boots are on the ground, they know who the audience is and what it wants instinctively. ...

"We live in a streaming world, not a sales world. Do you see everybody saving YouTube clips? Does a day go by when Netflix is not in the newspaper? We're halfway home. Streaming is going to eliminate piracy, at least drive it down to de minimis levels, and more people will listen to more music and everybody will be happy ever after."

-- Bob Lefsetz

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Quote of the Day from Bob Lefsetz

This guy almost always NAILS IT:

"Mainstream media just can't fathom this. That the mainstream is dead. That we've all scattered off into our own little niches. Fox keeps touting how many people watched the "American Idol" finale, but I can't even remember the winner's name.

"It wasn't about the winner. It wasn't about music.

"And the hipsters can't fathom this either. For decades the sport of insiders has been to put down the taste of the outsiders, the unhip. There's been a sieve through which music had to pass, to the point where we had an anointed few. For a couple of decades it was those tracks that made it on to the MTV playlist. They were the winners, everybody else was a loser. Now there is no major league. There are no winners. Just a bunch of sideshows. ...

"It's a brand new era.

"The old one is done.

"Set yourself on fire. Everybody will know who you are for a day.

"But you won't have fans.

"And now it's all about fans. And a fan base takes time to build, it must be nurtured, you must give back, you must treat your fans right, from delivering more music to fair ticket prices to access to.

"It's easier than ever to get started.

"But more difficult than ever to succeed.

"But don't let that discourage you.

"Human nature is to look for something new.

"We're always kicking the tires. We're listening to the recommendations of like-minded friends. If you gain a fan base, you've got a chance some of those fans will grow your audience. But your audience won't go instantly nuclear based on ANY mainstream exposure.

"Those days are history."

-- Bob Lefsetz

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Quote of the Day from my FAV music blogger ...

"We're in an era of revolution. All the old institutions are crumbling and new ones are being built. Don't listen to the cries of those whose businesses are being decimated, music will survive. And if it's as good as that of the people in this movie, everyone will know it and it will rain down cash." -- Bob Lefsetz, LefsetzLetter
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