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But the problem was/is, big label's stranglehold on the market created an environment where the risk and reward don't match at all. The musician (entrepreneur) is completely shafted by the big labels (VC).

And while distribution, marketing, recording, etc are certainly all important they can be obtained through other methods without giving up 90% of your earnings. For more information see here: http://news.ycombinator.com/item?id=226352




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