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The Modern Music Industry Has A Dark Side We Can't Ignore Anymore

It was a time of relative freedom: Anyone with an internet connection could release music without the oversight of a record label or even a physical release, meaning artists no longer had to play by the rules. But corporate greed still abided — in the absence of record sales, the music industry turned its attention to live music and streaming platforms to boost its wealth, and both artists and fans suffered as a result. From festivals gone wrong to rampant misogyny to unregulated monopolies...

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The Modern Music Industry Has A Dark Side We Can't Ignore Anymore

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The Messed Up Truth About The 2010s Music Industry

grunge.com - Becky Stephenson

While 2019 might seem like yesterday for some, the music industry changed so much in the 2010s that the decade might as well have happened eons ago. As the BBC notes, many of the transformations were positive: Beyoncé released her surprise album "Lemonade" — a celebration of Black lives everywhere — SoundCloud and social media gave independent artists like Billie Eilish and XXXTentacion a voice, and music became more connected, with artists like Korean rapper Psy, and Puerto Rico's Luis Fonsi and Daddy Yankee, becoming worldwide sensations with their respective songs "Gangnam Style" and "Despacito."

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The music industry simply wasn't equipped to deal with the rapid changes of the modern age. As the major labels' booming oligopoly slipped away, record companies resorted to desperate measures to save themselves and things got ugly fast. Here is the messed up truth about the 2000s music industry.