How Has File Sharing Affected The Music Industry? Even though Napster was shut down in 2001, the impact of digital file sharing on the music industry is still passionately debated. … Our micro-level data test results suggest that file sharing may have reduced album sales (between 1999 and 2003) by as much as 13 percent
How Much Does It Cost To Start A Record Label? The record label business is a large industry and there is room to promote and distribute music everywhere. The average startup cost of a record label is between $200 – $50,000. But, for large labels, the average cost can be from $100,000 – $500,000. How
Do Artists Get Advances To Repair For An Art Show? Advances: Lump sums of money (usually cash) given to an artist when they sign a record deal (aka Execution), marking the start, or Commencement, of the Initial Period, or when they begin a subsequent project period, marketing the start of an Option. How much does