“Record companies are dead.”
Well, yes, maybe the music business as we have known it for the last half century or so is. But we’re here to tell you, there is a new way of getting the music out there….and it’s good music.
From Sal Nunziato, former record store owner and current writer for the Huffington Post:
There is an over-abundance of finger-pointing when discussing the current condition of the music industry, which by and large, is about two careless moves away from an epitaph. Faithful record buyers blame the greedy label heads for over-pricing. Label heads blame the internet and conscience-free consumers who happily opted for the freer alternative, almost as a bitter flip off to the major labels for pricing them out of the game. Truth is, the record industry and downloading could have co-existed peacefully. Sadly, it may be too late. Sadder still, the talent has never disappeared. It just needs some attention, which in today’s world of “must have it NOW,” is becoming as rare as hen’s teeth.
During the salad days, “record people” knew it all, listened to it all, and worked hard for that next big thing. They’d find an artist, follow him around much like a baseball talent scout, and with care, savvy, and years of experience helped hone the skills that were already there. That record person no longer exists. Today, anyone with a TV set and a computer holds the fate of our next superstar “idol” in the tips of their typing fingers. (Somehow, I don’t think Bob Dylan would have made it out of the first round.)
Just because 1,000,000,000 people eat fast food doesn’t make it good for you. The way you check the ingredients, calorie content, fat content and nutritional value of the food you eat, you can just as easily read about some seriously wonderful songwriters, musicians and vocalists that will never get to make a record. If music is still your passion, drum up a little patience, and you will find that while the industry may be dead, great music is still very much alive.
Mystery Street Records is part of the new paradigm.
Like our sister company, Threadhead Records, we are not a “traditional” record company. We are an artist-focused, fan-supported record company with the majority of the revenue going back into the pockets of those who create the music.
But Mystery Street will go beyond the Threadhead Records model. Like Threadhead Records, some of our projects will need contributions that are, in turn, loaned out to the artist and paid back out of the project’s profits. But, unlike THR, there are plans to recruit investors for some projects with the possibility of making a profit for all involved – artist, the investors and MSR. Where THR is aimed at artists based in Louisiana, Mystery Street Records will consider projects from inside and outside of the region.
Mystery Street Records was formed to allow the use of various means to help independent musicians get their music out to the widest range of music lovers possible.