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75 Comments
- thetin, on 11/16/2007, -1/+18***** Supply = ...***** demand
Surprise! - expertninja, on 11/16/2007, -0/+13Regardless if the music industry offers DRM-free music, the artists will eventually end up just touring more to support themselves. As long as piracy exists, people will download free music.
- stack3r, on 11/16/2007, -0/+11***** music = less sales
Fairly simple to understand, i suggest they employee me as company bigwig rather than the current ones that do nothing but whinge about piracy - thebellmaster1x, on 11/16/2007, -0/+8Hey guys, I have a revolutionary idea:
STOP CHARGING $20.00 FOR CDs, AND WE MIGHT BUY SOME. - chkdg8, on 11/16/2007, -0/+7Prince said it best many years ago when he was going through a massive legal battle with Warner Brothers. He went back into the studio and re-recorded every single song he did under WB and tweaked each one so it couldn't be considered the same. Then he was legally able to sell his re-recordings in music stores and online and all the money would be his. To add fuel to the fire, he legally changed his name not once but twice. First he was called "The artist formally known as Prince" just to let the public and his fans know that he was no longer associated as "Prince" and that he had new music.
What that caused was a confusion in identity but it actually helped WB with more record sales. It all ended when he changed his name to that sign. Most people don't know that. It was either file for bankruptcy to get out of his contract (which most artist do) or change your name and re-record your music. So to go back to my original point, he said in a rare MTV interview "Whether you want to listen to my Purple Rain or WB's version, it's your dollar". Many people though he was being a weird when he wouldn't even talk during rare interviews but most of that was because of his legal battles. The music industry can cry all they want but artists now have an alternate avenue on how to distribute their music and cut out the middle man. If anything, piracy has indeed helped out the individual artist. - Catbert107, on 11/16/2007, -2/+8I'm getting really pissed off at all of these economic predictions popping up on here, " if current trends continue, then so and so will be successful". Wtf? If the current trends had continued on the launch of the PS3, it would be the most successful system ever, but look where it is now
You cant predict the future, let alone the future of an entire ***** economy - PistolSO, on 11/16/2007, -0/+6I hope the music industry wakes up and decides to offer DRM-free music at a reasonable price through places like iTunes, Amazon and others.
- Amazetbm, on 11/16/2007, -0/+5....and make sure your artists give us albums that are complete works and not three hits and a bunch of filler.
- Petzke, on 11/16/2007, -0/+4That's not nearly fast enough.
- nogami, on 11/16/2007, -0/+4I'm depressed it's only 20%. I hope their business completely dies as it exists now, and is recreated by smarter managers that aren't trying to screw & sue people.
- inactive, on 11/16/2007, -1/+5They will blame piracy.
In reality it's because instead of Led Zeppelin and the Beatles, there's...well, there's absolute ***** for music nowadays. - LordSkywalker, on 11/16/2007, -1/+5I wouldn't be surprised. The music "industry" as a whole will fail if it does not adapt to a new market. Despite the negative headline, I think the important thing to see is that independent music is booming. Never before has any great or crappy band/artist had a chance to not only get out their music to people, but manage to make a living off of it. Instead of getting 50 cents per album they may get $5-7 worth or more. This is giving the power back to the artist.
Assuming the music industry can adapt to the new market, it can definitely still have a useful purpose. For now, they just don't seem to want to adapt. The film industry is having trouble as well with the strike, hd format war, and the booming indie market their missing out on. Both industries need to get their acts together. - badenglishihave, on 11/16/2007, -0/+3Apparently the RIAA never took ECON 101 (I'm actually sitting in ECON 101 right now)
It's very rare that people will resort to the black market in an industry (i.e. p2p), but since the RIAA seems to be responding to decreasing demand by INCREASING PRICES they can't expect to increase sales. It's ridiculous. - tuntcickle, on 11/16/2007, -0/+3something i imagine digg members do not really care about
- xsonny, on 11/16/2007, -0/+2They woulda had a better chance if they played the victim, but they ***** over people for downloading so bad that it makes them look like douchebags. The one case for 227k dollars, wtf? Their chances sucked before but they really just open their ***** up to the public. They went from corduroy pants to assless chaps to thong to gaping *****. tsk tsk.
- playuhh, on 11/16/2007, -0/+2YOU SIR are WRONG.
A song like Soulja Boy - CRANK DAT is what the industry loves. It's called an RICC - Record Industry Cash Crop.
Being milked for all its worth by industry execs. They want more silly ***** that everyone falls in love with. They don't care if its not music as long as it sells.
Power to the independents! LIKE MYSELF - Hewolf1982, on 11/16/2007, -0/+2Your right because bands only make money when they spend thousands on mastering.
- yoyobean, on 11/16/2007, -0/+2I love the internet. Sorry music industry, suck it, things are changing forever. with torrents and sites like daytrotter.com who needs ya.
- F1R3DUP, on 11/16/2007, -0/+2***** the RIAA?
- AutomaticTLC, on 11/16/2007, -0/+2The INDUSTRY loves it, but it does not and will not sell in the long run.
- Hewolf1982, on 11/16/2007, -0/+2Your right because bands only make money when they spend thousands on mastering.
- SnuKs, on 11/16/2007, -1/+3Soulja Boy - Crank Dat
Blame garbage like that. - Vanor, on 11/16/2007, -0/+2The time of niche music is returning, or perhaps becoming more noticeable again. There's all sorts of good music out there by talented artists. I think a big problem with a lot of more contemporary artists is that the industry tries to market to broad an audience. Because of that they dumb down their product.
I for one don't really like to think of music as being merely some kind of economic statistic. Music isn't just some mathematical equation. Music is emotion. You can tell the people who genuinely put emotion into what they write, what they play, what they sing, from those who do not.
But I think a lot of people who whine about not getting a huge audience for up and coming musicians miss out that there are a lot of artists out there who may have never gotten to "superstar" status but continue to play today, one because they love what they do, and second because even though they may not have crowds of drooling masses cheering for them dethklock style, they DO have an audience, and usually that audience may be more devoted and loyal to the band than a million screaming fans in an arena that are there to listen to a band that they may have never heard of before. Not that I'm bashing that sort of mentality either. Just giving the dynamics.
Personally I think the people that try to quantify the relevance of music and artists soley by the records they've sold and the money they've made are missing the mark. Music has existed as a part of our culture long before we even coined the term economics. Music is an integral part of our being and without it our lives would be drab and drained of color and vibrancy. It's almost a necessity for humans to express themselves and to recieve this form of expression. To sing, to dance. Music execs try to make money off of this fact, and have been for decades, and have done everything they could to squeeze every little drop of revenue wherever they could. Over time their practices have brought them profitability at the cost of their credibility and they have jaded many of their musicians in the process of their search for fortune.
The power of the internet has rendered them null and void. I know it's cliche but they can try to embrace this advent, or they can be swept away by it. Something else to note is that not only is the internet a great way to find new music/artists, it can be a great barginning chip to to use if an artist wanted to sign to a label, and in the future if they still exist artists could use it as leverage to prevent themselves from getting into the sort of indentured servitude record contracts that many musicians have found themselves in, in the past, by being able to show that they have an audience that will listen to and buy their music.
But again. music isn't just some word with monetary value attached to it. And I'm glad I'm seeing artists that don't try to pander to the masses by making shallow music, but instead make tunes that may not be enjoyed by the many, but thoroughly enjoyed by the few for many years to come. And in the process hopefully show people that there is more to music than just pop, metal, or whatever, but other kinds of music that are not so easily quantifiable, and perhaps that's the best kind of music, music that eludes genrification, but over time gains respect from people that may have once before not understood it.
Anyway, perhaps when this world is (mostly) at peace, and all this ***** is settled once and for all, perhaps many many bands, some known, some not known, will roam the earth, touring to those who will listen, with the internet to guide them, and at the end of the day that's all that really matters. - bat-21, on 11/16/2007, -0/+2There was a lot of ***** music back then too. A Baby-Boomer friend of mine has the worst taste in music. He has albums like "The Best of Bread". *shudder*
- Foot56, on 11/16/2007, -0/+2Im suprised its only 20 percent.
- JoeVet, on 11/16/2007, -0/+2In other news.....the RIAA sues thirteen year old girl for downloading http://recordingindustryvspeople.blogspot.com/ As long as the labels continue to alienate their customers, extort large sums from innocent people and require protection money from our nations universities, people will walk away and seek alternatives more friendly to the fans. Sorry no tears shed here for the major labels.
- baronvonrolo, on 11/16/2007, -0/+2Has anyone actually stopped to think that the music industry sales might be down because they keep force feeding us this pop-idol mass manufactured *****?
- mal1964, on 11/16/2007, -0/+1They will have to cut back on the Beluga and order Ossetra caviar instead.
- bolognium, on 11/16/2007, -0/+1yes a 2 point projection, very accurate.
- JointheArmy, on 11/16/2007, -0/+1Hopefully the music industry will bring back bands that could actually play their instruments with some amount of technicality. Go to ultimate-guitar.com or whatever and download the guitar tabs for any mainstream band today. Most use the same scale (C Major Scale), same three chord progression (I, IV, V), same time signature (4/4), and that's why it all sounds the same. I don't know about diggers, but I would love for technical guitar solos (without the ridiculous hair metal) to make a mainstream comeback.
- miyer3, on 11/16/2007, -1/+2One more wake-up call for the music bigwigs? I am waiting for the day when we get any music we want streamed over next gen cellphones, and its all part of the price of cell phone service.
- lazyfisherman, on 11/16/2007, -0/+1That's not true. There's a hell of a lot of bad music but also some great music that finds an audience because of piracy and sharing. Zeppelin and Beatles are legends and pioneers (well, the Beatles were, anyway) but also a product of their time -- a time when, comparatively, there really wasn't that much music available for the average person to listen to. Now we have IPods and hard drives and DVDs and can share collections of 8000+ songs with friends in minutes..
- FireAtWill, on 11/16/2007, -0/+1Honestly, who gives a *****? This is the market correcting itself; they make way too much money for ***** products. What happened to the gold old days when music was WORTH the money?
ZEPPELIN RULES!
-Yes, I know there are exceptions. - inactive, on 11/16/2007, -0/+1The music industry and all it's pigs can ***** off and die. Then, exume their rotted corpses and ***** them again. They have reaped so much bad karma and ill gotten gains off the hard work of others. Blah blah blah. Just die already and take that pig of a human Gene Simmons with you. = )
- nikkunikku, on 11/16/2007, -0/+1I'm so blown away at how slowly these things tend to actually produce change. EMBRACE THE INTERWEBS MUSIC EXEC MONEY WHORES!
...Or should I say... Face the music? - Salanmon, on 11/16/2007, -1/+2those legal music services need to stop selling only 128kbps mp3s and sell Flac or 320 for around the same price, music in that quality is sometime very hard too find.
I'll easily pay 99ยข for TFK Phenomenon in flac format - Osjpr, on 11/16/2007, -0/+1You've lived in Japan? ;)
- AvidPreatorian, on 11/16/2007, -0/+1I wish I could digg this twice.
- hotdigg, on 11/17/2007, -0/+1YES!!!!!!!!!!
- brandon215, on 11/16/2007, -0/+1It may help the artist who already has money. It doesn't help the artist that is just starting. It cost about a minimum of $20K to produce an album, even if you record it at a home studio. I have done it. You are going to spend at least $20K to get it professionally mastered. Add all of the hotel and touring costs. Unless you hit it big on your first record you are not going to be able to make it, even will all the promotion that file sharing gives you. It makes it very unattractive to go into the business. So perhaps its not a stretch to see why there are not alot of new innovative bands making it.
If you were a farmer and you knew that the government was giving away corn for free, would you grow corn? - JQP123, on 11/16/2007, -0/+1Rock and roll is over ... sorry if you missed it. Even my 12 year old nephew knows it. He listens to stuff from 20-30 years ago because "it's better". Country is the new rock and roll.
- JQP123, on 11/16/2007, -0/+1"Never before has any great or crappy band/artist had a chance to not only get out their music to people ... "
The only question is --- is this a good thing or a bad thing?
If you're a crappy band, it's probably a good thing. You have a chance to compete head to head with the best. If you're a great band, it's probably a bad thing. You're probably out numbered 100 to 1 by bad, crappy bands and getting your music recognized and appreciated will not be easy due to the sheer statistics involved. Making a decent living from music will probably be much harder. There is only so much money to go around and you'll have to share the music dollar with more people, many of whom are less deserving than you are.
Sure, the music industry has abused it's authority; however, it does provide a valuable service for both artists and consumers. If the industry were to suddenly vanish, someone would re-create it because there is a demand for what it does. If you can't see this, then you're living in a utopian fantasy land. - shabumike, on 11/16/2007, -0/+1Exactly! Its so over saturated with money grubbers and feces the small and/or innovative ones are are rising to the top.
- brandon215, on 11/16/2007, -0/+1So you would rather see your money go to some money grubbing teen that runs "the Pirate Bay" makes 20K a month off advertising at the sake of an artist who slaved for the work and gets nothing. I thought Digger's were against the greed of record labels. But they are for the greed of the people that run these torrent sites. What hypocrisy.
- Ratteler, on 11/16/2007, -0/+1Only 20%. We can do better than that. After all we are supposed to fighting terrorism. Using our own courts and political system as a weapon of fear against the people of the United States has got to be AT LEAST as bad as 9-11.
- troye, on 11/18/2007, -0/+1I want some real hip-hop.
- troye, on 11/17/2007, -0/+1For real, that song is disgusting!
- dionroy, on 11/16/2007, -0/+1I think that number is a bit general, clearly the Digital Music Aggregrators are going to show opposite results. Sites such as AmieStreet.com, labels such as Ufomusic.net and people using non traditional channels will not see this kind of decline.
dion
http://dionroy.com
http:/myspace.com/dionroymusic - Hewolf1982, on 11/16/2007, -0/+120 K to make a CD? Are you crazy? My friend is in a local band and they just made a CD. All told the studio costs were about 5 grand. Which included getting a couple thousand copies of the cd's printed up. Still not cheap, but its far cheaper than 20 k.
- inactive, on 11/16/2007, -0/+1yeah, for bloated platinum-or-nothing fluffmongers, business is down,
but for large numbers of small indie people actually keeping some of the money that they make,
business is actually booming -
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