Click to read Forune magazine article: Who needs record companies?
Ice Cube takes the risk and earns the reward. He pays to create his own album, finds his own distribution, sells 500,000 copies, and pockets all the profits himself - no record company to "share" in 95% of the profits with him.
Do direct to consumer distribution and other changes in the music business mean that you don't need a record company any more?
As you considered a record deal offer (major or indie label) what are your considerations? What can a record label still do for you? Is it worth it?
Getting "signed" still seems to be the aspiration - maybe just for the validation perhaps, or maybe an unspoken assumption that "I will be different" and the money will follow for me (even as musicians are outspokenly cynical about record companies).
Thoughts?