Late last year Steve Albini a veteran producer, audio engineer, and of the band Shellac did a keynote address at Face the Music where he breaks down the fallacies and fears spread by music industry suits. If you prefer the written format or you don’t have the time to watch the informative and entertaining video read this article.
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A bit more than 20 years ago, iconic producer Steve Albini wrote an essay titled “The Problem With Music.” In it, he basically showed how horrible a beast the music industry was (and pretty much still is) at that time. The essay discussed how a band could sell hundreds of thousands of records–but still end up massively in debt due to just how much contracts favored the labels. Now he has ruffled the feathers of the industry again as he called free music file sharing, “…the single best thing that has happened in my life time, after punk rock…”
Speaking to Quartz, Alibini stated that the biggest change the industry can’t deal with is that, “Music is no longer a commodity, it’s an environment, or atmospheric element.