Albums Quote by Richard Branson
“I think bands will actually make more money without record companies; a much bigger share of the money will go to the bands. You won't have record shops taking 40 percent of the money. You won't have record labels taking 40 percent of the money. So they don't have to sell as many albums as they used to in the past. So it's not necessarily a bad thing if record companies disappear.”
About This Quote
Source Interview: Business Vision, 2018
Bands could earn more without label cuts, keeping a larger share of revenue.
In simple terms: Artists keep more money without record companies.
Support direct-to-fan sales models.
Themes
Mood
Type
When to use this quote
- concert tours
- online merch
- crowdfunding
Key Concepts
Questions to Reflect On
- Will fans support artists directly?
- What platforms enable this shift?
Fans may still need infrastructure for promotion and distribution.