"Now record companies are run by lawyers and accountants. The shift from the one to the other was definitely related to when the takes started to get big"
- David Crosby
About this Quote
This quote by David Crosby speaks with the altering nature of the music market. In the past, record companies were run by individuals with an enthusiasm for music, such as producers, engineers, and artists. However, as the music industry started to grow and the earnings began to increase, the focus shifted to lawyers and accountants. This shift was likely due to the requirement for more financial oversight and the requirement to secure the company's assets. The lawyers and accountants were much better equipped to deal with the legal and financial elements of the business, while the manufacturers and engineers were much better suited to manage the creative side. This shift in focus has had a major impact on the music market, as it has actually become more focused on the financial elements of the business rather than the imaginative side.
This quote is written / told by David Crosby somewhere between August 14, 1941 and today. He/she was a famous Musician from USA.
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