If You Want To Use Music, You’ve Got To Pay For It”: Music’s Crisis, and How To Fix It

Jeff Price slaps his hands on his desk. As he details the flaws he’s found in the music industry since the early 2000s, his words fly out faster and faster until he has to stop to breathe in the middle of a sentence.

“Music is important,” says Price, the former owner of the indie record label Spin. “Music has inherent value. And if you want to use music, you’ve got to fucking pay for it.”

In 2005, Price co-founded a company called Tunecore. At a time when the only other option for digital sales was the iTunes Store, Tunecore allowed musicians to upload their music to sell on the internet. Artists, Price believed, no longer had to get locked into contracts with labels, ones where they signed away their copyright. Price realized the internet had the potential to change the music industry’s whole business model.

“I think what happens in the next three years will really decide the future of the industry”

“I launched Tunecore because I thought artists were being screwed, and you know what? I was right,” he says.

Tunecore became part of the revolution that overthrew the old system of music and helped introduce a new digital Wild West. It was radically successful in helping artists get their music online.

Now Price is trying to do the same thing for streaming. In 2013, after being ousted from Tunecore, Price founded Audiam, a service that attempts to help artists get paid for digital streams.

Price is a controversial figure in the music industry. He yells and rants, even on the phone with me. He isn’t right about everything, but he’s right about this: the music industry has a problem with ownership and pricing transparency, and nobody who could do anything seems to care about fixing it.

Sourced through Scoop.it from: www.vox.com