It's unfortunate that poor management not only screws over the fans, it also screws over their own artists at times.
Oh! Oh! Story time. This is surreal.
So one of my favorite artists is Amanda Palmer, formerly of the Dresden Dolls. After the Dolls sort-of broke up, she spent a couple of months recording a solo album, and was all ready to release it. Except then the label she was signed to decided - preemptively - that the album took too many risks and it wouldn't sell. So they refused to promote it. Just refused. They didn't send advance copies out to reviewers, they refused to produce any music videos (she had to make them herself on a shoestring budget with friends), they refused to do anything that would actually, you know, alert people to the record's existence. They also refused to finance any tours she went on after releasing that album, so when she went on tour, she literally had to sleep on fans' couches and send people out into the audience with tip jars to cover her costs.
And yet, they ALSO refused to fire her. She was contracted to put out a certain number of albums, and by god, they were going to squeeze every one of those albums out of her - despite the fact that they didn't plan to promote or try to sell any of her future work. So there was literally no financial reason for their actions, it was just a power game. It got to the point where she was literally begging them to let her go, but they refused... and all the while, she wasn't allowed to release any music at all unless it was through them. (She did not play along.)
Happily, she finally got free of her contract earlier this year. Now she's flipped the bird to record labels and set up her own independent store on
Bandcamp, where people can download her albums and merchandise for any price they want. She can release whatever she wants, whenever she wants, and 85% of the money goes directly to her. She's now pulling in headlines like "Bandcamp Artist Sells $15K of Music, Merch in 90 Seconds." I read her blog, so I've been following this whole saga for
years now, and she is so much better off now.
SO BASICALLY, that's how I feel about record labels.