'Cause I can make more money going in and doing my recordings and selling them through my entities that I have, rather than going to a record co. and them release a record and pay me 5 percent of what they make off it.

Profession: Musician

Topics: Money, Selling,

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Meaning: This quote by musician Mickey Gilley reflects the changing dynamics of the music industry, particularly with regards to artists' ability to control and monetize their own work. Gilley's statement underscores the shift in power from traditional record labels to individual artists, enabled by technological advancements and the rise of independent distribution channels.

In the past, record companies held significant influence over artists, controlling the production, distribution, and promotion of their music. Artists often signed contracts that granted the record labels a large percentage of the revenue generated by their recordings. This model resulted in artists receiving only a small fraction of the profits from their own work, leading to widespread dissatisfaction and financial inequality within the industry.

However, with the advent of digital platforms and online streaming services, artists like Mickey Gilley now have the opportunity to bypass traditional record companies and directly distribute their music to consumers. By leveraging his own entities, Gilley can retain a larger share of the profits generated by his recordings, thus increasing his overall income. This aligns with the broader trend of artists seeking greater autonomy and control over their creative output and financial earnings.

The democratization of music distribution has empowered artists to explore alternative avenues for releasing and monetizing their work. Independent artists and established musicians alike have turned to self-publishing, online platforms, and direct-to-fan engagement to build their careers and connect with audiences on their own terms. This shift has also disrupted the traditional gatekeeping role of record labels, allowing for a more diverse range of voices and genres to reach listeners worldwide.

Furthermore, the quote highlights the importance of diversifying revenue streams within the music industry. In addition to traditional album sales, artists can explore opportunities in live performances, merchandise sales, licensing, and other creative ventures to maximize their earnings. By taking control of their own recordings and exploring various revenue channels, artists can create sustainable and resilient careers in an evolving and competitive landscape.

It's important to note that while the ability to self-publish and distribute music offers artists greater independence and financial potential, it also places additional responsibilities on them to manage various aspects of their careers, from marketing and promotion to rights management and tour logistics. However, the potential for higher earnings and creative autonomy has motivated many artists to embrace this new paradigm and adapt to the changing industry landscape.

In conclusion, Mickey Gilley's quote encapsulates the evolving nature of the music industry, where artists have the opportunity to bypass traditional record labels and retain control over their recordings. This shift reflects a broader trend of empowerment and self-reliance among musicians, as they seek to maximize their earnings and creative freedom in an increasingly digital and interconnected world. The quote serves as a reminder of the transformative impact of technology and independent distribution on the music business, offering artists new pathways to success and financial independence.

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