Iovine: Artists and Record Labels Are Aligned on AI
“I think in this particular case, the artist and the labels are aligned.”
Iovine: Streaming platforms risk obsolescence unless they adapt to artists
“Streaming is, is, is minutes away from being obsolete. What I meant by that is, unless they adapt to what artists really want, the artists are very resourceful.”
Stoute: Art galleries will lose relevance as artists demand resale carry and go direct
“You're gonna start to see that take place when artist sells work and they get a carry every time that work is sold. The galleries, which are the, at this point, necessary middleman, because the galleries are like, you wouldn't have an audience if it wasn't for…”
Rubin: Viewing work as daily installments frees artists from magnum opus pressure
“It's helpful for an artist to think that way, because usually, especially when we're younger, we think the thing that we make is, this is my magnum, magnum opus, and this is going to define me for the rest of my life, and it's a daunting hill to climb. But whe…”
Zimmer: Pursuing an artistic career is an act of insanity
“Waking up and say, I want to be an actor or a director or a musician or a fine artist or a poet or an author is an act of insanity. You know, the odds of being successful are extremely small. So you have to, I, to me, respecting that journey is really, really …”
Zimmer: Consolidation among streaming platforms constricts opportunities for artists
“And now the power of the platforms is so consolidated and the way they make deals and the way they think about our clients. Has really constricted the opportunity for artists.”
Zimmer: Artists avoid negotiations so agents can absorb the conflict
“Usually when you're sitting in a room doing a deal, those people aren't in the room. They don't want to be in the room when you're doing their deal. They want to be out of the room being an artist and they want you in the room, you know, hurting and killing pe…”
Iovine: Streaming revenue is only meaningful for top-tier streamed artists
“What you're hearing about is that the artists are like, they used to be able to earn a living like that. But now, unless you're in that top chunk Of heavy, heavy, heavy, heavy streaming, the money's not really meaningful.”
Naimi: Major Art Galleries Now Represent 75 to 80 Artists
“Historically these galleries would represent 10, 15 artists. Now the bigger galleries are representing 75 to 80 artists. Smaller ones are representing 25 to 30 artists.”
Naimi: Top art galleries offer million-dollar signing bonuses to poach artists
“We'll do a better commission split with you. You know, like, it's not fifty-fifty with us. We'll, we'll go sixty-forty. We'll go seventy-thirty. You want a signing bonus? Here's a million dollars cash up front. Like, go with us. Don't go with them. It's very c…”
Matty Mo: Most artists produce decorative goods, not generation-defining cultural artifacts
“Some people think of art as like The most important cultural artifacts of a generation, and to be real, many artists are not making the most, most important cultural artifacts of a generation. They're making pretty things, and what are pretty things? Decoratio…”
Horowitz: AI increases the financial value of artist independence
“AI Causes you as an artist to really rethink and say, okay, my independence now is far more valuable. Because what I create can then be remixed, and in order for me to get an interest in that remix, and that recreate, and that, you know, further use, I actuall…”
Parikh: Artists view generative AI on a spectrum from tool to collaborator
“So some view them, view these models very much as tools and then others tend to view them as more of a collaborator in this process of creating, and it's always interesting to see what end of the spectrum different people lie on.”
Doug E. Fresh: Creating a hit song you hate traps you in prison
“To me, if an artist has a hit record, And he doesn't like that record. He hates it. I think he put himself in prison for the rest of his life.”
Carter: Managing software engineers is identical to managing recording artists
“Dude, me, like working with engineers now, you know, with our new startup, I'm like, You know what? They are so close, it's as close as you can get to managing the artists by the way.”
Cheng: Generative AI will significantly lower the barrier to becoming an artist
“Okay, so I think that what this is gonna do, what AI art is gonna do is it's going to Significantly lower the barrier to entry to become an artist.”
Butcher: NFTs are sustainable for artists only if they maintain networks
“I think NFTs do offer a sustainable way for artists to make money, but there's also that is contingent on their ability to like build and maintain a network”
Foundation generated over $60 million in artist sales in three months
“And over sixty million dollars in sales for artists.”
Shyamalan: Artists Must Wrestle with Internal Demons Every Single Day
“My, both my older daughters are artists, and I said, that is your plight. You're going to wrestle with your demons every single day of your life.”
Carter: Record labels have 'screwed over artists for generations'
“Record income traditionally has been your smallest piece of the pie because record labels have screwed over artists for generations. So you're always forced to go on the road and sell merchandise and do all of these other things to subsidize the income essenti…”
Scott Adams: Artists Rely on Ego While Businesses Listen to Customers
“If you go to business school, rule number one is that you have to listen to the customer and you have to give them what they want. But that's the basic, you know, thing that a business person will do. That's kind of the opposite of what an artist normally does…”
Successful artists historically thrived through peer networks and collective marketing
“It turns out that artists who were successful, usually knew artists who were successful, and they learned a lot from each other in their art, but they also helped each other get sales, and in Canada, the Group of Seven organized themselves to see if they could…”
Minted artists radically transform their skills within 18 months of peer feedback
“They transform within 18 months of continuous feedback and critique from their peers, and they become unrecognizable from where they started.”
Mestel: Non-Wealthy Artists Must Still Trade Catalog Rights for Capital
“Well, the smart artists of today are putting themselves in a position to own their own music, their own copyrights. I think that it depends on the resources that the artists themselves have. Most artists aren't wealthy to the extent that artists need money. Th…”
Mestel: Pure Financial Capital Cannot Win Music Deals Without Added Value
“If you, if it's only a check, And the artist doesn't need a check, then it's going to be very hard for you to be associated with the artist unless you have a special service.”
Kuo: Artists using blockchain actively seek to subvert orthodox valuation and authenticity
“They actively want to subvert authenticity. And that's been something that, again, actually you could say almost the entire history of modern art is about challenging authenticity and authorship.”
Eck: Automating rhythm with drum machines enabled more complex human vocal phrasing
“So you've solved the metronomic, you know, beat problem. And then what you actually find is that artists who are really good at this, they play off of it and they're allowed like when they sing to do many more like rhythmical things than they could do before. …”