Dan GillmorMusic Industry's Death Wish
Dan Bricklin has looked closely at the numbers in the music industry, and suggests that the record companies are killing themselves by stamping out music downloads. He makes a compelling case in this essay.
His bottom line: "Given the slight dip in CD sales despite so many reasons for there to be a much larger drop, it seems that the effect of downloading, burning, and sharing is one of the few bright lights helping the music industry with their most loyal customers. Perhaps the real reason for some of the drop in sales was the shutdown of Napster and other crackdowns by the music industry."
I don't expect the music companies to pay attention to inconvenient facts. That would be out of character.
Interesting perspective. I am feeling very sick of the music industry. They can keep Britney Spears and their lawyers. I actually have really cut back on buying CD's generally. When I see a CD, I see don't an artist selling music, I see an enslaved artist boxed up in a the shrinkwrap of a industry trying to protect itself by choking the customers and the artists that it is meant to be serving.
Do I need the record industry to enjoy music? Hell no.
One interesting thing to note is that the karaoke industry used midi files to play back music on synthesizers inside of karaoke machines. This lead to a huge industry of midi files. They decided to do a flat fee payment system to simply the billing for the little bars that played the music. Then, when ring tones became popular for cell phones, they used the same flat fee model to license the music. THAT is why ring tones are a huge money making business in Japan. Simple billing, cheap billing and no record companies.
(Apologies to my record company exec friends and to my friends who sell CD's... but you guys suck these days.)