Are Record Labels Still Relevant?

Over recent years there has been an evident power shift from label to artist, and its time to realize that is won’t be shifting back any time soon. Due to technological advances, individual artists have been given the power to produce and promote their music free of charge. In addition, record labels themselves are struggling due to the massive drop in CD sales.

So the question is: Are record labels still relevant?

Hmmm, a very apt question considering I’ve just released my first CD 🙂

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