Word: radioheads
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Dates: during 2000-2009
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...record-company revenues from such tangible products tumbled roughly 6% in 2007, leaving firms with some $19.3 billion in total sales last year, a quarter less than in 1999. The digital market is hardly new, yet it still seems to catch major record labels dozing. Alt-rockers Radiohead last year famously distributed their album In Rainbows without the help of their former record company, EMI, instead letting fans decide how much to pay the band to download it. Meanwhile, adding to the sense that this entire industry is in flux, musicians' other means of income - from T-shirt sales...
...themselves; some don't want to," says Max Hole, executive vice president of Universal Music Group International, which oversees Winehouse's label. Many now acting alone admit they got a leg up from a record company. "The only reason we could even get away with this," Radiohead's lead singer, Thom Yorke, said recently about selling its album directly to fans, "is that we've gone through the whole mill of the business in the first place...
...slander that says a black youth with a book is acting white.”What, then, of the slander that says a black kid listening to Bob Dylan isn’t really black? And what of the claim that a black student who attends a Radiohead concert is betraying his race? While people may not be making these claims openly, the existence of these positions is well understood within the community. Some of hip-hop’s brightest stars, however, fail to even acknowledge the problem created by this kind of cultural isolationism and the musical inbreeding...
...private, dissecting a business well away from the glare of the media. Way before Hands took an axe to EMI's payroll, Terra Firma's management of the business was caught in the spotlights. Worried that Hands wouldn't know his A&R from his R&B, alt-rockers Radiohead severed ties with the label shortly after it was sold to the private equity firm, and took the radical step of allowing fans to download and name their own price for the band's album In Rainbows. Others let their music do the talking. Robbie Williams, who bagged...
...that nobody who really cares about music is running the industry. In the '80s, accountants ended up running it, and they still are. The record industry has fallen apart. But we are on to the new age, a digital one, where anyone can download. Radiohead-how great! How much do you want to pay? That's a huge change. God bless them...