The record business is dangerous to the health of bands and individuals, which is something I'm just now learning. But it's not dangerous in any of the ways people think; it's not that they try to make you compromise your art. That's not the problem.
Record labels today are much less patient: Artists have a bad record, and they're gone.
Seeing how those companies operate, it didn't amount to a massive vote of confidence in their artists. There was talk of me going to Columbia after that, but nothing happened. I got disillusioned, and I pulled back.
The music industry has changed drastically and that damages young artists. They don't have the same support system that we had. They wanted us to be happy. Today I would have been dropped after the first flop.
Let me shake it off I just signed a couple deals I might break you off
If there was ever any truth to the trickle-down theory, the only evidence of it I've ever seen was in that period of 1960 to 1965. All of sudden they were handing out major label recording contracts like they were coming in Cracker Jack boxes.
I did a lot of songs that I sold, but then they never came out and I never got paid for it. You learn real fast that the music industry, in the beginning, you're not going to get paid for a while, and then you start getting the accolades.
I heard a quote once in a documentary about a band that said you're better off owning everything 100 percent and selling 20,000 copies of an album than signing with a record company and selling a million copies. There has never been a truer statement about show business than that.