
Music business professionals who still see major labels as career partners need to hear what Bobby Owsinski lays out plainly: Universal Music Group's pursuit of a $3 billion Spotify stock sell-off signals that labels have shifted from artist development engines into financial instruments that happen to license music. The failure mode is assuming the label is on your side when, as Bobby explains, artists are a line item on a balance sheet. His counterintuitive fix is to stop waitin...
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