Have Music Labels Adapted to the Digital Age?

Today, hip-hop and the music business in its entirety, has undergone a transformation of sorts. For every blog, weekly mixtape, and EP, the consumer’s accessibility to music has reached an all-time high. However, along with the ability to hear your favorite artist wherever and whenever, the value of these pieces of work has substantially deteriorated. No longer is the audience willing to wait for complete and concise bodies of work, instead they demand that artists churn out more and more quality material frequently. Along with this dilemma artists face, record labels are finding it increasingly difficult to leverage revenue in the digital age.