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Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

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Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#161
post #37

One aspect of this is really funny to me - my friend and I busked in NYC in the summer after high school, and each made roughly $2500 a month until we stopped to go to college. That seems to be more than most actual bands make!

Get closer to the money.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#162
post #150

Earlier quoted context omitted.

It's just that Patreon is financial agnostic. We need to treat these investments like fungible capital goods. And we need to invest in the intellectual property that artists make, not the artists themselves. Why should we do that? Because it works and its a foundational element of a market economy. We're capable of much more than a simplistic patron model. That's how things were financed in the middle ages. We've got…

We need to...why? That's how things were financed in the middle ages In the middle ages, can you get thousand of people to essentially send you a small paycheck every month on an ongoing basis? And what exactly is wrong with that model?

It's not as productive as it could be if people were instead engaged in the commercial activities of investing in intellectual property.

Financial assets and intellectual property are not something I can teach you in a comment box. I recommend reading these two books and then we can start the conversation back up again.

http://www.amazon.com/The-Mystery-Capital-Capitalism-Everywh...

http://www.amazon.com/Praise-Commercial-Culture-Tyler-Cowen/...

Tyler Cowen and Hernando de Soto are two economists that are held in incredibly high regard and have done a wonderful job explaining the core concepts of both what constitutes finance and how it applies to intellectual creativity in a market economy.

Cue the knee-jerk rebuttal in 3... 2... 1...

"But the internet changed everything!"

Uh huh, ok, sure, whatever you say... yawn

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#163
Spoken with all the honesty that I've come to expect from Steve Miller. Absolutely love that cranky old man telling the truth.

Question is why haven't the artists spoken out about the hall of fame over the years? Note some are backing him up now.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#164

Something that I don't think is addressed enough is how a well practiced and versatile musician can make a living through their immediate community. It could still involve secondary income from the music industry as supplement to a healthy primary income provided by the synergy between them and their community. I can elaborate but I'll wait to see if anyone else finds this interesting.

> healthy primary income provided by the synergy between them and their community Definitely interested in this.

As a pianist the key here would be musical versatility, there is a lot of work but it is spread across musical domains.

The musical skills might include reading literacy, proficiency in improvisational idioms and the ability to teach these things.

The more difficult realm might be establishing a working band of professionals, per individual the professional attitude would be worth more than sheer musical skill. Professionaly minded people working together can build skills that will eventually surpass what an individual can bring alone.

Networking is important, there's lots of ways to engage with your immediate community and it has always helped me to reach across as many professional aisles as I can. How many high functioning professional musicians do you think the average person knows? You should be one of them for the people close to you.

EDIT: I'd like to add venue versatility. Most discussion seems to be around entertainment venues but what about educational, accompaniment, theathrical, ceremonial, religious (I do not personally partake in this).

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#165
I think a lot of people are missing a point here. It's not just one sided deals and taking advantage of naive or desperate artists. Its that a lot of the entertainment industry is actually gangsters and crooks.

Music and movies and other forms of entertainment have been fantastic ways to launder money for a long long time. Maybe someone should to create a way for independent artists to "sell" for those who need a way to legally attribute their profit to the sales of something else.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#166
post #163

Spoken with all the honesty that I've come to expect from Steve Miller. Absolutely love that cranky old man telling the truth. Question is why haven't the artists spoken out about the hall of fame over the years? Note some are backing him up now.

I'd gather that the 'marketing buzz' which HoF inductees might get are highly tempting for artists to put up with. For instance, would there be a Guns N Roses "reunion" stadium tour without the recent drama around their HoF induction? Maybe, but I kind of think it played a role somehow.

Or, in more simple terms, no musician wants to be seen as ungrateful for career recognition.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#167

Something that I don't think is addressed enough is how a well practiced and versatile musician can make a living through their immediate community. It could still involve secondary income from the music industry as supplement to a healthy primary income provided by the synergy between them and their community. I can elaborate but I'll wait to see if anyone else finds this interesting.

> how a well practiced and versatile musician can make a living through their immediate community There are so many barriers to this. They need a venue at which to perform regularly, which helps somewhat to promote their performance. These are becoming few and far between. They are not likely to make much money for said performances (of course this depends on the size of the venue and the following they've managed to…

please see my reply to nickknw below, I think some of that is relevant to what you just said and I'd be curious what you think of it.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#168

Earlier quoted context omitted.

To be fair, Miles Davis regularly beat his wives...

Related-ish: someone linked to this fantastic read [1] today in some HN thread, and after going through it in awe, I come across the guy's Wikipedia page [2]. Yikes! 1: http://www.blinkenlights.com/classiccmp/javaorigin.html 2: https://en.wikipedia.org/wiki/Patrick_Naughton

Ugh, that reminded me of the story of ReiserFS and Hans Reiser [1].

1: https://en.wikipedia.org/wiki/Hans_Reiser#Murder_investigati...

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#169
post #100

Earlier quoted context omitted.

I really like Patreon. https://patreon.zendesk.com/hc/en-us/articles/204606315-What... it's continuous crowdfunding.

It's just that Patreon is financial agnostic. We need to treat these investments like fungible capital goods. And we need to invest in the intellectual property that artists make, not the artists themselves. Why should we do that? Because it works and its a foundational element of a market economy. We're capable of much more than a simplistic patron model. That's how things were financed in the middle ages. We've got…

can we not financialize everything in the entire world? that seems like a great way to make extra work for brokers, traders, gamblers, accountants, and lawyers. I'm not convinced that this gets anywhere near the goal of making it easier to have sustainable business relationships between creators and their audience.

Re: Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

#170

Earlier quoted context omitted.

Pandora genuinely has a channel for independent music acts to submit material for play consideration. They are incredibly obscure about the process of whether they accept or decline to include specific music. But it does actually exist, so credit where it's due.

It sucks when you get declined - I had a seven-song album that I honestly felt pretty darn good about, was co-produced by a buddy that had an album on Pandora. I remember he was nervous about whether he'd get on Pandora and was relieved when he did, said he had an "in" at Pandora but wasn't sure it helped. He felt pretty confident mine would get in if his did - I submitted. They ask for you to pick one song from the…

Thanks for taking the time to write out your experience - mine was very similar. Submit as close to genre basis as possible, wait, and then get the rejection. Because I'm on the prolific side, averaging a 3-5 song EP about every 2 months, I do feel like I should be trying again and again. They can afford to be picky, which okay, good for them, it helps the 'curated' experience. I'll keep trying (especially with my newer stuff which features vocals) for Pandora but still only see it as one component in a diverse distribution portfolio.
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