"Demand" is the bottom line reason.
It's a business and requires people willing to pay for the service.
I can't see musicians that aren't backed by somebody that really
believes in them, making the investment in todays music business.
When one invests they do so with the goals to recoup their
investment with gains.
Reading about reasons the studios are needed while they are closing
up shop is testament to technology changing the music industry.
Not only is technology changing the business of music but it is changing
the musicians.
Before we may have defined a musician rather simply; A person that plays
a musical instrument.
Now there are many things being redefined such as "musicians" and "instruments" and
directly due to technological "advances".
If the technology is truly an "advance" then one may determine that paying
for "professional" studio time and technicians is "old school". Especially when the
equipment used is within reach- unlike the high cost associated years ago with analog
equipment.
The change also includes money.
Today a group may decide that rather than spend a $1,000.00 for one day in the studio
to invest in themselves.
You're right Steve. It provoked me to share a few thoughts about it. :)
Pro Studios have a tuff fight ahead. They may not only face a lower demand for their service
but also a real competition from the ones that couldn't afford the equipment in the analog
days.