Can there be a creative commons-based music industry?
Neil Layton, who founded a music label called Fading Ways Music to embrace shared music and collaborative culture, has an insiders perspective on the prospect for collaboration in the music business. According to Neil, a CC-based music industry implies a complete re-working of how most music biz people (both on the artistic as well as business side) think of music. Most mainstream and aspiring artists seek the kind of fame and fortune that mass media hype and marketing can bring. The nature of superstar economics however is that “the very few hyper-successful artists (in the commercial sense at least), tend to leave little on the table for their less fortunate peers. Non-commercialized artists are may have more freedoms and even produce more rich artistic offering, but economically speaking it is un-sustainable.” The first step to a CC-based music business, artists and labels – a new system of rights and royalties administration is needed. While independent artists are technically able
