▲ | MSFT_Edging 5 days ago | ||||||||||||||||
> The music industry figured this out > Why is this so hard for the film industry Music industry runs on barely paying any artist that cant fill a stadium. Movie industry runs on constantly re-licensing content to min-max their returns from IP. Music industry can happily barely pay musicians via the spotify model, but the Movie industry can't continually re-license their stuff to a higher bidder if it's all on one site. | |||||||||||||||||
▲ | standardUser 5 days ago | parent | next [-] | ||||||||||||||||
I broadly agree with your assessment, but I think the important takeaway is that these situations are created artificially, usually by dominant market players for their own benefit. There is nothing natural or neccesary with the way these markets work, and it's certainly not unchangeable. | |||||||||||||||||
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▲ | smegger001 3 days ago | parent | prev | next [-] | ||||||||||||||||
Honestly I dont know that I believe that narrative, music labels have been cheating the talent out of the proceeds of their work since Edison phonograph. Labels claiming to the artist that they dont make any money while they use creative accounting to charge any and every expense to the artist and is a long and storied practice in the industry. Artist are expected still to pay x% of sales revenue for "breakage fees" on digital downloads example. Breakage fees having been introduced to cover the loss to the breaking in transit of early brittle shellac phonograph records. ID dont know about you.but tje think the breakage cost of a mp3 file should be on the scale of negligible to nonexistent. | |||||||||||||||||
▲ | hyghjiyhu 5 days ago | parent | prev [-] | ||||||||||||||||
If you have Indie artists on the music side of the comparison, you should have barely paid tiktokers and YouTubers on the movie side. |