--- title: "Meaning & Key Takeaway of: Major labels just lost their way. It's…" description: "\"Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals.\" — Win Butler" image: "https://sms4smile.com/quotes/i/7d4/win-butler-10584_bubbles_major-labels-just-lost-their-way-it-s-li_561854.jpg" --- # Major labels just lost their way. It's like the housing… ![“Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals.” quote by Win Butler](https://sms4smile.com/quotes/i/7d4/win-butler-10584_bubbles_major-labels-just-lost-their-way-it-s-li_561854.jpg) [Download](https://sms4smile.com/quotes/i/7d4/win-butler-10584_bubbles_major-labels-just-lost-their-way-it-s-li_561854.jpg) [Open image](https://sms4smile.com/quotes/i/7d4/win-butler-10584_bubbles_major-labels-just-lost-their-way-it-s-li_561854.jpg) > “Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals.” [Win Butler](https://sms4smile.com/quotes/author/win-butler/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The music industry has lost its core principles, similar to a speculative bubble that collapses when fundamentals are ignored. **In simple terms:** Industry lost fundamentals like a bubble. Key Takeaway Focus on fundamentals. Themes music industry speculation fundamentals Mood criticalical reflective Type analysis commentary When to use this quote - record label management - artist development - industry analysis Key Concepts market dynamics cultural shifts Questions to Reflect On - How can labels restore core values? - What fundamentals are most critical? A Different Perspective The analogy may oversimplify complex market forces. ★ ★ ★ ★ ★ No ratings yet [Bubble Lost](https://sms4smile.com/quotes/about/bubble-lost-4656493/) [Bubbles](https://sms4smile.com/quotes/about/bubbles/) [Fundamentals](https://sms4smile.com/quotes/about/fundamentals/) [Housing](https://sms4smile.com/quotes/about/housing/) [Housing bubble](https://sms4smile.com/quotes/about/housing-bubble/) [Labels](https://sms4smile.com/quotes/about/labels/) [Labels Just](https://sms4smile.com/quotes/about/labels-just-1570066/) [Lost](https://sms4smile.com/quotes/about/lost/) [Lost Sense](https://sms4smile.com/quotes/about/lost-sense/) [Major Labels](https://sms4smile.com/quotes/about/major-labels/) [Majors](https://sms4smile.com/quotes/about/majors/) [Way](https://sms4smile.com/quotes/about/way/) ## Related quotes > [Basically we just created our own label, but again we just did it to document our own music and create our own thing, so…](https://sms4smile.com/quotes/ian-mackaye/basically-we-just-created-our-own-label-but-again-we-just-did-it-to/) [Ian MacKaye](https://sms4smile.com/quotes/author/ian-mackaye/) > [I truly believe, as an institution, most major labels should just die.](https://sms4smile.com/quotes/moby/i-truly-believe-as-an-institution-most-major-labels-should-just-die/) [Moby](https://sms4smile.com/quotes/author/moby/) > [Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that…](https://sms4smile.com/quotes/mark-zandi/too-easy-credit-and-millions-of-bad-loans-made-during-the-u-s-housing/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Some societies are also more optimistic than others: the U.S. and Australia are my two picks Tell a European you think there’s a housing…](https://sms4smile.com/quotes/jeremy-grantham/some-societies-are-also-more-optimistic-than-others-the-u-s-and/) [Jeremy Grantham](https://sms4smile.com/quotes/author/jeremy-grantham/) > [It is no exaggeration to say that rising inequality has driven many of the 99 percent into a financial ditch. It also helped spawn…](https://sms4smile.com/quotes/robert-h-frank/it-is-no-exaggeration-to-say-that-rising-inequality-has-driven-many/) [Robert H. Frank](https://sms4smile.com/quotes/author/robert-h-frank/) > [In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000,…](https://sms4smile.com/quotes/marc-faber/in-the-economy-of-the-cuckoo-people-that-populate-central-banks/) [Marc Faber](https://sms4smile.com/quotes/author/marc-faber/) > [Those labels that they give you, just because they don't understand. If you look past this moment you'll see you got a friend when…](https://sms4smile.com/quotes/the-forgotten/those-labels-that-they-give-you-just-because-they-don-t-understand-if/) [The Forgotten](https://sms4smile.com/quotes/author/the-forgotten/) > [A lot of big labels will just sign bands like a write off.](https://sms4smile.com/quotes/adam-rich/a-lot-of-big-labels-will-just-sign-bands-like-a-write-off/) [Adam Rich](https://sms4smile.com/quotes/author/adam-rich/) > [The thing with labels is they're not for you, they're for other people. Like labels are just a word for other people to understand…](https://sms4smile.com/quotes/shailene-woodley/the-thing-with-labels-is-they-re-not-for-you-they-re-for-other-people/) [Shailene Woodley](https://sms4smile.com/quotes/author/shailene-woodley/) > [You're not a combination of all your labels. 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It's music.](https://sms4smile.com/quotes/michael-jackson/i-hate-labels-because-it-should-be-just-music-i-don-t-see-anything/) [Michael Jackson](https://sms4smile.com/quotes/author/michael-jackson/) > [“Labels are just labels, just handles to let us grasp things, pick them up, turn them over in our hands.”](https://sms4smile.com/quotes/jason-mcintyre/labels-are-just-labels-just-handles-to-let-us-grasp-things-pick-them/) [Jason McIntyre](https://sms4smile.com/quotes/author/jason-mcintyre/) > [If the Fed is omniscient, why didn't they pull back on the excess money supply that inflated the massive housing bubble that popped so…](https://sms4smile.com/quotes/stephen-moore/if-the-fed-is-omniscient-why-didn-t-they-pull-back-on-the-excess/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [“. . . the bond bubble, the tech bubble, the stock bubble, the emerging markets bubble, the housing bubble. . . One by one…](https://sms4smile.com/quotes/peter-thiel/the-bond-bubble-the-tech-bubble-the-stock-bubble-the-emerging-markets/) [Peter Thiel](https://sms4smile.com/quotes/author/peter-thiel/) > [“A brick could be used as a replacement for an erection. Hey, I did it in the early 2000s, and I gave birth to…](https://sms4smile.com/quotes/jarod-kintz/a-brick-could-be-used-as-a-replacement-for-an-erection-hey-i-did-it/) [Jarod Kintz](https://sms4smile.com/quotes/author/jarod-kintz/) ## More by Win Butler > [I think there's some pretty amazing language in the Bible. The thing that's always been interesting to me about religion is that compared to…](https://sms4smile.com/quotes/win-butler/i-think-there-s-some-pretty-amazing-language-in-the-bible-the-thing/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [Usually, I think you have most of your musical influences locked down by the time you're 16.](https://sms4smile.com/quotes/win-butler/usually-i-think-you-have-most-of-your-musical-influences-locked-down/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [I find myself a lot more open to bands if I just hear their song. It gives you an opportunity to engage with the…](https://sms4smile.com/quotes/win-butler/i-find-myself-a-lot-more-open-to-bands-if-i-just-hear-their-song-it/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [Whenever you do anything or say anything, you're opening yourself up to criticism. 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Songs kind of half make themselves, and then you have…](https://sms4smile.com/quotes/win-butler/songwriting-is-reliant-on-inspiration-which-ideally-you-don-t-have/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [I'm not someone who can dance to a song I don't like.](https://sms4smile.com/quotes/win-butler/i-m-not-someone-who-can-dance-to-a-song-i-don-t-like/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [Once I got to know what's been happening historically, it's pretty impossible to un-know it. Like right now, there's the outbreak of cholera in…](https://sms4smile.com/quotes/win-butler/once-i-got-to-know-what-s-been-happening-historically-it-s-pretty/) [Win Butler](https://sms4smile.com/quotes/author/win-butler/) > [I had a somewhat religious upbringing. Not strict, but it was there, and I'm kind of thankful for that. 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Merrow](https://sms4smile.com/quotes/author/j-l-merrow/) [Browse all 821 Bubbles quotes ](https://sms4smile.com/quotes/about/bubbles/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Major labels just lost their way. It's like the housing bubble. 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