The Music Business with Rico Garofalo

Another hang-out with Rico…

Rico is back on this episode of Minus Sixteen, and this time around we are talking about the state of the music business. Rico is in the perfect position to tell us what it really like to release an album and how the streaming culture has changed the music industry forever!

Checkout Rico’s Seeds project here https://open.spotify.com/album/2RRVNJ5jUJdwjRUmfzoOo3?si=q_Iqxe44Sl2Qo37DtxvRpg

Follow him on Twitter https://twitter.com/Lasperanza_Soul

00:00 Intro

02:00 Completing an album

05:00 A record companies involvement

11:00 Nearing release

15:00 Royalties and how they work

25:00 Streaming – the good and bad

32:00 Streaming revenue versus physical sales

41:00 Post release blues

43:20 Getting on a Spotify playlist

45:40 YouTube and music 49:00

How streaming revenue is set

53:30 Is music viable?

61:00 Wrapping up

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