Originally a record producer more or less hired a bunch of professionals to participate in a recording session, the performers and the technicians, and a music director was put in charge. That directly related to a film producer's job.
Tony ViscontiToday a record producer is even more involved and is often the production's sole musician, one person playing all the instruments one-by-one.
Tony ViscontiAny respectable artist has really given up on a label because the labels are still kidding themselves that the only way to go is to sign these big names like Lady Gaga and expect to make gazillions.
Tony Visconti