- Revenues have soared in the music business, which is finally adapting to the digital era
- However, labels also face rising costs from increasingly powerful artists
Financial chaos at Apple Records was partly to blame for the break-up of The Beatles. Some say spats between Death Row Records and a rival firm led to the murder of Tupac Shakur. Prince hated his record label so much that he changed his name to an unpronounceable symbol to spite them.
There are many reasons why the business of sex, drugs and rock’n’roll hasn’t always been the safest industry to bank your money on.