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11/26/12

Artists Screw Major Labels Too

It goes both ways.

There's a reason many major labels need so much control and resources. Sometimes it's the artists who totally take advantage of the deal.

As Lefsetz puts it:
That’s what you’ve got to know about artists. They’re desperate. They’ve only got one chance, one career, if they screw it up, they’re toast. Just ask Billy Squier… 
Recently, Pitchfork darlings The Death Grips recently were dropped from Epic Records after releasing their new album NO LOVE DEEP WEB for free download online, without any consent from Epic. The Death Grips even went so far as to post the legal takedown notices sent from Epic on Facebook, along with a string of vulgar taunts.

What do you think the chances are of another label offering to help pay for their next release? Considering how well-connected most labels are within the industry, it's also quite possible that burning this bridge will close quite a few doors with venues, promoters and managers as well.

"Sticking it to The Man" like The Death Grips did only increases the necessity of labels acting like "The Man".

Remember, labels are venture capitalists. The more "risky" their investments in bands, the more money they have to charge and restrict every band.

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