20. The Music Business with Rico Garofalo

Rico is back on this episode of Minus Sixteen, and this time around we are talking about the state of the music business. Rico is in the perfect position to tell us what it really like to release an album and how the streaming culture has changed the music industry forever! Checkout Rico's Seeds project here https://open.spotify.com/album/2RRVNJ5jUJdwjRUmfzoOo3?si=q_Iqxe44Sl2Qo37DtxvRpg   Follow him on Twitter https://twitter.com/Lasperanza_Soul 00:00 Intro 02:00 Completing an album 05:00 A record companies involvement 11:00 Nearing release 15:00 Royalties and how they work 25:00 Streaming - the good and bad 32:00 Streaming revenue versus physical sales 41:00 Post release blues 43:20 Getting on a Spotify playlist 45:40 YouTube and music 49:00 How streaming revenue is set 53:30 Is music viable? 61:00 Wrapping up Follow me on Twitter https://twitter.com/Dtalkingtech Subscribe to me on YouTube https://www.youtube.com/c/DavidLewistalkingtechandaudio READ ME I publish regularly on Medium and you can find my blogs here https://medium.com/@Davidtalkingtech HIRE ME If you'd like me to voice your campaign, get in touch https://www.talkingtechandaudio.com/hireme GET IN TOUCH [email protected] SUBSCRIBE TO MY FREE MAILING LIST - GET A BEHIND THE SCENES WEEKLY VIDEO https://www.talkingtechandaudio.com