"Is the Digital Era Destroying the Music Industry? The Truth About Streaming, AI, and Artist Rights.

In this compelling episode of The Band Life Podcast, we dive deep into the controversial question:

Is the digital era destroying the music industry?

Pete and Adam explore four critical areas transformed by digitalisation - production, distribution, marketing, and consumption - examining both the revolutionary benefits and devastating consequences for artists.

From the democratisation of music production to the exploitative practices of streaming platforms, we uncover how digital transformation has fundamentally altered the music landscape. 

This episode reveals why 120,000 songs are released daily on streaming platforms, creating unprecedented saturation while major tech companies extract billions from the industry without reinvesting in artists.

We expose the harsh reality of streaming economics, where artists earn fractions of pennies per stream, forcing musicians to become digital marketers rather than focus on their craft. 

Plus, discover the shocking truth about AI music licensing and why industry leaders like Nick Clegg believe requiring permission would "kill" the AI industry.

Key topics covered:

• How digital production democratized music creation while decreasing quality standards
• The collapse of traditional distribution networks and its impact on industry economics
• Why streaming platforms are extracting money from the music industry rather than supporting it
• The transformation of music consumption from album-focused to single-track listening
• Big Tech's exploitation of musicians and the urgent need for regulation
• The controversial firing of copyright official Shira Perlmutter over AI licensing reports

Whether you're an independent artist, music industry professional, or passionate music fan, this episode provides essential insights into the digital disruption reshaping our industry.

Join us as we separate the hype from reality and explore potential solutions for a more sustainable musical future.

Perfect for: Independent musicians, music industry professionals, streaming platform users, and anyone interested in the economics of digital music.

 

 

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