Originally Posted by DrumEatDrum
For most the history of the music business, long term investment was still understood.
Labels were willing to invest heavily into bands for long term profit.
What labels were these that were investing long-term into bands for most of the history of the music business? I mean, big labels with that kind of money didn't exist for most of the history of the music business. It was usually one or two guys who took out a second mortgage on their houses to put records out.