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the money myth
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| montana |
over the last 6 years i keep hearing this simple statement of certain producers are making music just for the sake of money. while it may be true with the blatant commercial side but when it comes to the nitty gritty, are producers or labels actually making all this ludicrous amount of money that is envisioned by the common market or should i just say the jaded mass?
this isn't just limited to the 'common releases', a lot of the whitelabel bootleg remixes that is released are often just sneered upon as simple cashgrabs. well if it's a simple cashgrab, how is it that in order for the 'grab' to even be profitable? it has to sell like 1500? which not alot of releases do nowadays from what i've heard.
am i just imagining things or is it some musicbusiness secrets that has gone over my head? or am i just asking questions that i already answered.
anyone that has any insight or knowledge, i would love to hear about it. |
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| Trance-MB |
| Maybe they actually like what they produce and all the money talk is just bull..... or an easy blame.....or not... |
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| Adam420 |
| Well I was thinking about it, and I figured that the big labels like MOS, GU, GPM, Kompakt, Cocoon, Ultra, and all those are probably making money on the music they put out. For most though, money would be derived from touring and making personal appearances. I'd think. |
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| bas |
I would imagine when most people refer to someone making music for money, they really mean producing music soley for the purpose of getting big gigs. Big gigs like festivals, headlining clubs, tours etc...
For example:
Deadmau5 is a production machine. He was, for a time, releasing something every other week. Whether or not they sold a lot and made him a ton of cash is irrelevant, it put his name out there as a "live act" and got him a ton of gigs in the process. |
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| elFreak |
| quote: | Originally posted by bas
I would imagine when most people refer to someone making music for money, they really mean producing music soley for the purpose of getting big gigs. Big gigs like festivals, headlining clubs, tours etc...
For example:
Deadmau5 is a production machine. He was, for a time, releasing something every other week. Whether or not they sold a lot and made him a ton of cash is irrelevant, it put his name out there as a "live act" and got him a ton of gigs in the process. |
ding ding ding
djing > production (in edm) in terms of money.
If you want to be more than just a local dj, these days you better produce. Also before someone mentions Danny Howells, things are different now. It certainly helped that he was handpicked to open all of the Bedrock nights back in the day (he is still amazing, just saying:) ) |
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| DJ Damerchi |
If one were to apply a gini coefficient to trance dj/producers, it would be fairly high(close to one). this is a determinant of equal income distribution. the big 5 potentially make as much as other esteemed artists do in one gig alone than the latter would in all of their label/production/gigging combined for the year. and these latter artists im reffering to are established artists in the "top 250" as well.
it was a shock to me that through all that proliferation of deadmau5's tracks, the small amount at which beatport said he had sold(30 000 was it??). anyways at max $2.5 per track thats 75 000 gross revenue(not subtracting the beatport fee). Just imagine what its like for average producers...
Does anyone have links to anything that may shed light on sales of various record labels? |
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| SYSTEM-J |
| quote: | Originally posted by elFreak
Also before someone mentions Danny Howells, things are different now. It certainly helped that he was handpicked to open all of the Bedrock nights back in the day (he is still amazing, just saying:) ) |
Danny Howells has been producing since 1995. |
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| Blake_Jarrell |
| the big $ is in publishing, not in sales. |
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| julien2 |
| quote: | Originally posted by SYSTEM-J
Danny Howells has been producing since 1995. |
That's a lot of time for producing something like, what, 5 EPs ? He is primarily a DJ.
[edit]: and a couple of remixes as well. |
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| SYSTEM-J |
| quote: | Originally posted by julien2
That's a lot of time for producing something like, what, 5 EPs ? He is primarily a DJ.
[edit]: and a couple of remixes as well. |
He is primarily a DJ, but he did about 15 remixes between 1995-2000 not to mention multiple original productions. That's no less than most DJs put out in the early stage of their career. |
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| elFreak |
| quote: | Originally posted by SYSTEM-J
Danny Howells has been producing since 1995. |
he is not a prolific producer and has pretty much only done remixes (not "produced" by himself;) )
i love danny howells this is not a bash against him:)
the dj/producer game is way different than then now, tis very true. |
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| d-miurge |
It depends on the venues, on how often you play out, etc. But a good month of gigs = a normal year of production. That's the ratio.
But you know, most djs are only attention whores. They value attention more than what's artistic. |
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