Steve Meyer, a veteran and visionary in the music business, writes a weekly email with insightful ideas and articles on the state of music. Well worth reading. Last Friday the headline “How Artists Make Big Money Without A Gold Album These Days” got my attention.
In part, Steve said, “I’ve mentioned many times in the newsletter that the big money artists are earning these days isn’t coming from record sales, but from touring, licensing, merchandising, and other areas. The New York Times wrote an article over the holidays ‘Cee Lo Strikes Gold, Without a Gold Album’ and it talks about those very things. It mentions how music companies today have marketing, branding, television and artist management units to exploit songs to their fullest. For now, this is a must read in my opinion. Check it out here: http://tiny.cc/w5llr”
It got me thinking. How will we celebrate gold in the future?
Is the RIAA thinking of gold thumb drives?
What do you think?
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