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Prince needs a new business model Since, in big US metropolitan areas like Washington DC, central public libraries have an extensive collection of recent and great condition cds available for FREE check out (as they do in some foreign cities like Amsterdam) WHY THE DUCK should I buy another good (much less mediocre) Prince (or other artist) cd? Forget the internet and those naughty downloads. It's not my fault that my only cd player also automatically saves the music it's hard drive and conveniently catalogs them for easy access in iTunes and replay on my iPod!
Musicians may just go back to making their dough playing live concerts like they did in the old days. I think P's got the right idea with the ridiculously high priced Las Vegas tickets. | |
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" Prince Needs a New Business Model "
ur right but its got nothin to do with money and everything to do with ETHICS .  " the embassy shut to keep the fools out " - as above, so below. | |
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GoZero said: Since, in big US metropolitan areas like Washington DC, central public libraries have an extensive collection of recent and great condition cds available for FREE check out (as they do in some foreign cities like Amsterdam) WHY THE DUCK should I buy another good (much less mediocre) Prince (or other artist) cd? Forget the internet and those naughty downloads. It's not my fault that my only cd player also automatically saves the music it's hard drive and conveniently catalogs them for easy access in iTunes and replay on my iPod!
Musicians may just go back to making their dough playing live concerts like they did in the old days. I think P's got the right idea with the ridiculously high priced Las Vegas tickets. The real money comes from Music Publishing. "The first time I saw the cover of Dirty Mind in the early 80s I thought, 'Is this some drag queen ripping on Freddie Prinze?'" - Some guy on The Gear Page | |
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Saving the music on my computer is no more unethical than giving a cd away to someone else after I am tired of it cluttering my collection -- or receiving one in like manner. And that's why the libray makes no pretense of suggesting that they can control how we listen to the cds for personal use. For that matter, nor do cd jackets suggest that we can't give them to someone else after we're done with them. Unlike illegal downloads for which there are established and well trumpeted laws which can (for now) be enforced against at least the insignificant and unlucky minority of people who get caught.
Aside from novelty, the music biz is suffering from the reverse of what the movie industry is facing. Why pay $10 a person for my entire family (5) to go out and see a new release film ONCE in the theatre when I can own the dvd and play it as often as I like six months later for $15? Music is going to be as free as air soon enough. "Pardon me 4 breathing, can we borrow some of your air?" You used to only be able to appreciate great paintings in museums and galleries or if you owned the original. These days you can own a good sized print of anything and it can bring you just about the same amount of joy. Musicians need a new business model is all I'm saying if they want to keep making money at the rates they have been used to. The marketplace determines the ultimate value of everything, not the commodity which has no inherent monetary value. | |
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Check this news article out:
http://news.bbc.co.uk/1/h...896262.stm It's all about how the real money is now being made by top concert performers. In the UK, I used to hire out (for like 40p) music tapes/vinyl/cds from the library during the late '80s/early '90s when I was an impoverished student and couldn't afford to buy albums at will. However copying them is still technically illegal, even though the chances of that being enforced are practically nil. In other words, you couldn't copy a cd and go give copies away on the streets even for free! I think you're right that the industry has changed underneath the feat of the big record companies (and movie industry) and rather than altering their business model (or expectations of how much they are going to profit) they have consistently resisted change. I hate, for example, hearing about some business or other whose profits are 'down' by 20 million - which can still mean they made millions in profit, and made millions in previous years. There's this business ideology that says that every business has to earn more every year ad infinitum, which seems ridiculous to me, as long as you're making profit you're doing okay in my book. This happens with bands and artists, if their album doesn't sell as much as the last album, they often get dropped by their record labels, even if they're still making some money, because everybody expects giant profits all the time, which is unrealistic. As for Prince, he doesn't need a new business model at all, he's one of the few artists who got it all sussed out - selling directly to the fans online with no over-heads like CD-pressing if he doesn't want, and then these unrestrictive 1 album deals. If Prince wanted, he could be earning a lot more from the online sales, since we all know he's got material lying around that fans would pay for if it was put up for download - but I guess he figures he's got enough cash right now. Anytime he needs more, he can just put up some more tracks or makeshift albums, and he doesn't have to involve anyone else. Now that's controlling your business. [Edited 5/19/06 3:21am] [Edited 5/19/06 3:25am] | |
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metalorange said: Check this news article out:
http://news.bbc.co.uk/1/h...896262.stm It's all about how the real money is now being made by top concert performers. In the UK, I used to hire out (for like 40p) music tapes/vinyl/cds from the library during the late '80s/early '90s when I was an impoverished student and couldn't afford to buy albums at will. However copying them is still technically illegal, even though the chances of that being enforced are practically nil. In other words, you couldn't copy a cd and go give copies away on the streets even for free! I think you're right that the industry has changed underneath the feat of the big record companies (and movie industry) and rather than altering their business model (or expectations of how much they are going to profit) they have consistently resisted change. I hate, for example, hearing about some business or other whose profits are 'down' by 20 million - which can still mean they made millions in profit, and made millions in previous years. There's this business ideology that says that every business has to earn more every year ad infinitum, which seems ridiculous to me, as long as you're making profit you're doing okay in my book. This happens with bands and artists, if their album doesn't sell as much as the last album, they often get dropped by their record labels, even if they're still making some money, because everybody expects giant profits all the time, which is unrealistic. As for Prince, he doesn't need a new business model at all, he's one of the few artists who got it all sussed out - selling directly to the fans online with no over-heads like CD-pressing if he doesn't want, and then these unrestrictive 1 album deals. If Prince wanted, he could be earning a lot more from the online sales, since we all know he's got material lying around that fans would pay for if it was put up for download - but I guess he figures he's got enough cash right now. Anytime he needs more, he can just put up some more tracks or makeshift albums, and he doesn't have to involve anyone else. Now that's controlling your business. [Edited 5/19/06 3:21am] [Edited 5/19/06 3:25am] ----- This happens with bands and artists, if their album doesn't sell as much as the last album, they often get dropped by their record labels, even if they're still making some money, because everybody expects giant profits all the time, which is unrealistic. Co-Sign- I can't understand what would make any record company think that any artist or band would be able to sell 10 million cds for the life of the carreer. | |
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