Ash Interview

The transcript discusses the decline of traditional record labels and their reduced role in developing new bands. It highlights the shift towards safer investments in reality show stars and the financial challenges faced by the industry. The speaker encourages innovation and independence in music creation, citing examples of successful independent labels and bands.

What is the main reason for the decline in the role of record labels according to the video?

• Increased competition from independent artists

• Lack of interest in music production

• The rise of digital streaming platforms

• High production costs

Why are major record companies focusing on reality show stars?

• They are cheaper to produce

• They are more talented

• They provide quick returns

• They have a longer career span

What does the music industry need according to the video?

• New and exciting ideas

• Higher record sales

• More traditional bands

• More reality shows

How did record companies traditionally fund the development of new bands?

• Through government grants

• Using profits from successful bands

• By reducing production costs

• By investing in technology

What has changed in the music industry regarding band development?

• Bands are now developed by reality shows

• Record companies have more resources

• The system of using successful bands to fund new ones is gone

• There is more focus on album production