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During the Covid-19 pandemic, many pundits announced the end of artists, due to insufficient remuneration.
However, the music industry is in better shape than ever post-pandemic. In fact, we are witnessing a transformation process where independent artists can turn into world famous stars: this is the case of Meresha! I have had a fascinating discussion with Pop Alien artist Meresha, an independent artist who has made it into the "top 40 charts" and also appeared on MTV and many radio stations without the support of a major studio.
The attraction of being an Indie artist is that you can do literally whatever you want. You decide what you release and when, and how you promote it, including with live shows. With social media, you can have direct contact with fans.
Major labels have global reach. They are able to market your music in every corner of the world. They have privileged relationships with streaming partners like Spotify, Apple Music, Amazon, Deezer, etc.
I’ve had some discussions, but it all depends on how the cooperation would be organized. The traditional model was that the label had all the power in the relationship and could, for example, put out new music or decide not to. For an artist, the main question with a major label is whether or not they will focus their energies on you.
Yes, and there are more and more examples of that. Artists like Marshmello, Lauv, etc. have found a way to be successful globally while cooperating with different artists or labels, including major ones, in a way which best helps them get their music out.
People can find out more about me by checking out my site http://Meresha.com, which is a good place to start or they can search “Meresha” in their favorite music service.
Pascal de Lima (PhD economics - Sciences Po) is Chief economist of CGI Business Consulting and guest speaker in several schools and conferences. He is a French economist and knowledge manager (KM). He applies his knowledge of economics to the field of KM to solve management consulting challenges. He lectured economics at Sciences Po in Paris and has also taught economics in several of France's top universities (HEC, ESSEC, Sup de Co, Engineering Schools and PREPA...) for a total of 18 years. As an essayist, he wrote more than 200 Op-Eds for major media outlets in France, 10 books and 5 referenced academic articles. He regularly gives lectures at international economics conferences. He specializes in economic foresight. His work is centered around monitoring and prospective thinking with primary focus on the assessment of the economic, social and environmental impact of innovations. After 14 years in the field of management consulting for the financial and banking sector (Ernst & Young, Cap Gemini, Chief Economist & KM at Arthur D.Little and Altran), he founded Economic Cell in 2013, an idea laboratory and consultancy whose purpose is to study market evolutions in light of economic transformations brought about by innovation. In 2017, he joined Harwell Management as Chief Economist, and in 2020, has become a teacher at Aivancity. He holds a PhD degree in Economics from the Paris Institute of Political Studies (Sciences Po), a Masters in Industrial Economics from Panthéon-Sorbonne Paris 1 and a Masters in Financial engineering from a top French business school.
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