The record industry needed to find something that would save them from themselves. They needed to find the solution before the problem,and now the problem is global and has spiraled out of control…..everyone with their own crosses to bear. With the economy taking such an unprecedented pounding you wouldn’t lay money on the music business having anywhere near an OK year. Mutiny, mass exoduses of bands wanting to find their own solutions to the problem will inspire little confidence in an industry they once looked to as their mentors.
Music industry people like Chris Blackwell and Ahmet Ertegun, Herb Alpert and a smattering of others from the past together with the Michael Lippmans and Paul McGuinesses of the present still retain their mantles and their success is deserving. In their own domain they have successfully managed every part of the process and gained the respect of their artists….but where do the others turn to for guidance. These people have their own houses to keep in order but nowadays what do they see around them, where do they turn find the like minded people of old that they rely on to work with? Where is the support, the back up they once had. Labels believed in their artists and would do everything they could to show that support, they used to inspire one another.
Where are the people who once were so enthusiastic about the music they couldn’t wait to spread the word. They needed to make money but it was the music that drove them. When I first started in the music business in 1974 my immediate boss Ray Cooper was first and foremost a fan, it was why he wanted to work in the music business….he’s still a fan today.Back then we’d spend as much time discussing music on other labels as we did on the stuff we were selling, the same at Island later on…….there didn’t seem to be anyone there who wasn’t there for the right reasons.
Once this was an industry abundant with adventurous, creative people, now it’s an industry scared of risk, frightened by mistake, confused, tried and tested……… and found guilty.
We can hope for change but this isn’t the change President Elect Obama had in mind. This is one thing he or no one else could manage to change. We will look at what happens now in the music industry and if last year was a year of radical change then this year is going to see even bigger change……..and for those that can survive it, good luck.
Filed under: Managing Creativity, record companies , Chris Blackwell, Herb Alpert, Michael Lippman, music industry, Paul McGuinness
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