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like the poster above me stated... this tidal thing is EXTREMELY beneficial to the Artist if it goes as planned. This is America one thing that has never failed is celebrity.... you know why Ipods took off... Celebrity, Why Beats took off, Celebrity.
That group they put together are the biggest acts in the world... of all Genre's of music and have insane pull with the youth. All these artist have a good financial take in this taking off and you better believe this brand is gonna be promoted heavily.
As for the idea itself, whoever are the masterminds behind it are making a Chess moves on execs & record labels finding a way to make money off of the artist.
Physical record sales are dipping lower & lower, Streaming sites are growing at alarming rates, EVERYONE is being intergrated with phones/electronics that have streaming services. It's safe to say at some point CD sales in general will be a thing of the past. Naturally as this projection started to take shape corporate companies were taking profits and leaving the artist/writerss with small fractions, just how they did with CD's
What these artist just did was assure themselves control of their business and more proportionate cuts from streaming, which is projected to be the new way most consume music. For those artist with Tidal, they will begin to see bigger royalties as streaming continues its rapid growth with music consumers.
this is a move put in place for the future, but if physical copies do begin to cease and digital downloads/streaming are the only means, Tidal could essentially turn a record labels entire responsibility into a promotions company. Artist would have less restrictions from labels and be able to recoup more money from actual album sales.
Basically if Streaming is the new way to consume music they just maid themselves the new Universal Music Group
That group they put together are the biggest acts in the world... of all Genre's of music and have insane pull with the youth. All these artist have a good financial take in this taking off and you better believe this brand is gonna be promoted heavily.
As for the idea itself, whoever are the masterminds behind it are making a Chess moves on execs & record labels finding a way to make money off of the artist.
Physical record sales are dipping lower & lower, Streaming sites are growing at alarming rates, EVERYONE is being intergrated with phones/electronics that have streaming services. It's safe to say at some point CD sales in general will be a thing of the past. Naturally as this projection started to take shape corporate companies were taking profits and leaving the artist/writerss with small fractions, just how they did with CD's
What these artist just did was assure themselves control of their business and more proportionate cuts from streaming, which is projected to be the new way most consume music. For those artist with Tidal, they will begin to see bigger royalties as streaming continues its rapid growth with music consumers.
this is a move put in place for the future, but if physical copies do begin to cease and digital downloads/streaming are the only means, Tidal could essentially turn a record labels entire responsibility into a promotions company. Artist would have less restrictions from labels and be able to recoup more money from actual album sales.
Basically if Streaming is the new way to consume music they just maid themselves the new Universal Music Group