Christopher Sabec is an entertainment lawyer specializing in the music industry. He has herd many people talk about the music industry, and a lot of it has no basis for truth. Here are some common lies told about the music industry.

1. Lies Told About Today’s Music
Industry

2. Digital Music News comes to us with
the biggest lies told about today’s
music industry.

3. With the rise of technology, the
music industry has certainly
changed, but there are many rumors
spreading about that are simply not
true.

4. The first lie is that great music will
organically find its fit in the music
industry.

5. Great music is only part of being
successful in the music industry.

6. Many great songs vanish into
obscurity, as there is little financing
or marketing behind these songs.

7. Today, popular music is lead by the
big record labels who are able to
reach the most amount of people.

8. Another lie spreading around the
music industry is that major record
labels will eventually die.

9. Although there are more niche
artists than before, major record
labels are still controlling the
popular music and the money.

10. These major record labels are
perfecting the art of building and
maintaining their artists careers.

11. Selling digital music is better for
revenue than the physical product.

12. This is false.

13. Digital sales volumes are at an
all-time low.

14. Artists who are able to sell CDs and
vinyl are able to make more money
than by selling online.

15. Japan, for example, is currently has
the biggest market for recorded
music thanks to their strong physical
music sales.

16. There is a half-lie on this list as
well.

17. Many people believe that all the
money in music is in touring these
days.

18. While this can be true for artists like
Pretty Lights and other EDM artists,
this is not the case for most artists.

19. Most artists are struggling on
the road and have to cut their
careers because it simply is not
worth the money.

20. There is no middle class in
music.

21. The music industry today is split
into rich artists and starving
artists.

22. The article ends with the
presumed lie that streaming is
the future of music.

23. This is tough to tell since most of
the streaming websites are
finding trouble in obtaining
profits.

24. YouTube has been giving away
music for free, which could be the
future of music.