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180 Comments
- Richiedude, on 11/27/2007, -1/+186arrogance + too comfortable + old execs & business practices = these results
- GhostyBoy, on 11/27/2007, -4/+180As a musician I think this is great. Online, people check out my tunes and come to my show if they like them. Before that I had to practically sell my stuff on the street.
Major Record Labels don't know talent if it bit them in the ass. They deserve to go down in flames for making us listen to N'Sync and KISS for so long. - etsa, on 11/27/2007, -1/+106Ignorance infects people regardless of age, wealth and baldness.
This is a representative of a society of bad managers. - inactive, on 11/28/2007, -1/+99What I don't understand is why the record execs think iTunes is eating their lunch, when:
1) Apple is selling their product.
2) They get more of a profit margin on iTunes than they did with CDs.
3) Apple distributes their product, runs the hosting service, provides the bandwidth, and offering a winning marketplace format.
4) All they have to do is provide a source file and Apple does the rest.
5) Apple is selling their product!
Can someone explain the logic of these record execs? - huskerdude, on 11/27/2007, -2/+77Haha, they stopped focusing on artist development long before the first iPod rolled off the production line.
- novask, on 11/27/2007, -6/+66***** the RIAA!
- Glitchwerks, on 11/28/2007, -0/+51Their logic is greed. They want complete control of their product again, so they are unwilling to work with another company. They want as much as possible.
- nanzs, on 11/27/2007, -2/+53Personally I don't think the issue was they didn't know who to hire as "a technologist" but more of their arrogance thinking they had the power to squash online distribution. RIP
- xOKxWhy, on 11/27/2007, -1/+52How in the hell did this guy become CEO? He obviously has no idea about the ever-changing music business.
- inactive, on 11/27/2007, -1/+47The scary thing is that people like Morris think that another subscription service is going to somehow kill iTunes.
Let's see, they want to 90 dollar tax for every player that uses their Total Music subscription service, making already inferior DAPs competing with the iPod more expensive and they'll almost certainly will have to use some sort of DRM, to block the ability for those tunes to play on iPods. Sounds like a winning strategy to me. - sgtpppr, on 11/28/2007, -0/+37They're not interested in 'talent'. They're interested in a marketable product. They're basically venture capitalists that want a majority share of ownership of everything you do. They created an industry that is so expensive to market in that it forces bands to continue using it. Add on top of that the fact a large portion of bands/artists are not tech savy. Imagine a gifted coder at a software company. He can code like crazy, but they wouldn't put him in charge of marketing and sales. Most bands couldn't market themselves if their lives depended on it. A lot of bands have no clue about the Web. The key is putting together a new label that can actually get the word out there and distribute music using the latest technology. The labels weren't a problem until they became your standard corporation simply hiring employees and selling product according to a dying model.
- ettin, on 11/28/2007, -4/+38"The original Napster hit its peak in 1999 — kids born since then have hacked into CIA computers."
So 8 yr olds have hacked the CIA? Damn, they must be chinese. - Uchikoma, on 11/27/2007, -1/+28The MPAA and RIAA spawns from ignorant people like these. Where these CEO's spawn from, I don't want to know.
- jgzman, on 11/28/2007, -0/+26I do not intend to sound like an ass-hat, but: So What?
There were once very talented street-lamp lighters, and blacksmiths, and horse-carriage assemblers, and whale-bone corset constructors. Those skills are no longer needed, so they were swept away. Does it suck for them? Yes. Yes it does. Should we continue to pay them to do something that is no longer needed? No.
The time of the record industry is ending. They have exactly two choices. The same two choices, I might add, as the lamp-lighter: Adapt and survive, or die. Sadly, the skilled workers you mention will not be able to make this choice, but must live with the consequences. The people who will make the choice will not suffer much if they choose wrong. - inactive, on 11/27/2007, -0/+24well put. people keep bangin on the changing landscape ("omg, kids think music is free") when they should be scolding the industry for its inability to react to what people want.
- solidsmoke, on 11/27/2007, -1/+25can anyone else not stop staring at his forehead?
- sgtpppr, on 11/27/2007, -0/+23New technology is not going to be 100% accepted across all industries until the generation of old school 50+ managers/CEOs/execs retire and go away. Imagine your grandfather being told he had to start running a business he's had for 30+ years totally on computers. Honestly, businesses should be run by the people most able to do business in the current environment. These old school business guys obviously cannot, so they're using legal tactics and appealing to the same generation business people in Congress to help them. I don't know of any other industry that actually has the FBI directly enforcing their contracts/terms. No investigation of a situation...just carpet bombing with legal papers of thousand upon thousands of customers.
- Lynxplus, on 11/27/2007, -0/+22If you ask me these self righteous money grubbing pricks of the RIAA sealed their fate a long time ago.. cough...napster...cough. Maybe if they weren't so focused about bleeding every cent of profit they can and start trying to understand technology and the ways in which they could benefit from it, instead of fear mongering and suing everyone they can. Maybe they would be able to understand the true value in music and how they could find value in different ways. The value of a song is not the song itself, its not the physical media, it's not the bits of data that make up an .mp3 or any other format. The value in a song in my opinion is what it makes me do after i hear it. If I like the song I want to know more about the band, I'll start researching them online, if I feel more of a connection I might buy a t-shirt or some memorabilia, maybe I'll go to their show, buy their recorded concerts.
- jonohull, on 11/28/2007, -0/+21Yeah, by 1999 there were hundreds of upstart tech companies with smart, young people heading them. They could've hired any one of them to develop a legal alternative to Napster.
- Phalanxe, on 11/28/2007, -2/+21As a musician, I think that everyone is missing a major issue with the industry dying. Yes, the mass production of music and outdated business model are terrible, but good, talented people work in and for the "industry" Recording studios/engineers are suffering, producers are suffering..and so on. The industry doesn't need to die; that would bring about more harm than good. What needs to happen is a major revamp of the business model used by major labels. In the mean time, indie and unsigned artists will continue to dominate the music world from an artistic standpoint.
- ericthegreat, on 11/28/2007, -1/+18Direct link to the Wired article
http://www.wired.com/entertainment/music/magazine/ ... - mickcn, on 11/28/2007, -1/+14Before it ***** you!
- euro22, on 12/17/2008, -0/+12I count 10 folds.
- wingo123, on 11/28/2007, -0/+12Reminds me of this neighbor of my parents who owned a VCR repair shop. He was making good money, because he specialized in something that, at the time, was technically complex and specialized. VCRs weren't that cheap, and people would pay good money to have them repaired.
Now his business is dead (obviously), and he's pretty much broke at retirement age. The point is, not only did he fail to update his business with the times, there was NO WAY to modify the existing model to work anymore at all. Sure, he could've lasted a few years longer by upgrading to DVD repair (which I'm sure he tried), but even that is kind of silly. The whole concept of taking an appliance that we don't expect to last forever and will be outdated landfill material in two years to get 'repaired' is pretty much dead. Dvd players are basically a dime-a-dozen, and even an expensive one is pretty much worthless in a few short years, working or not.
The whole CONCEPT of many 'appliances' has changed, due to the rapidly increasing rate of technological advances. Most electronics are now a short-term buy that you expect to upgrade. this is what's happened to packaged music as well. The CONCEPT has changed. Music is now more ubiquitous and viewed as relatively 'disposable' by the younger generations. That's all there is to it. It's too late to change.
Right now, guys like Morris are just trying to figure out how to train the technicians in their VCR repair shop how to order parts for a DVD player, not realizing that not only does no one have a VCR - no one wants their DVD player repaired any more either. - speerross, on 11/28/2007, -1/+13This article is so apt and valid, but don't stop at the music industry! This is a pretty good summing up of what is wrong with so many aspects of our world, from politics to business. The people in charge of our social policies, our educational policies and our economy are past their sell by date, they say wisdom comes with age - it's true, to a point. The decrepit old people in charge of our lives are out of touch with the real world, they have no idea what is going on, they continually try and push how they think things should be done on us when we are naturally bringing about things how we think they should be done which hampers the progress of the newer generations and people in general. The elderly people in charge of us have no sense of humour, if it were young people who could have a laugh, were innovative, smart, able to evolve with the times, that were in charge of the world things would be a lot different.
For the record, I've got nothing against elderly people, they've got a right to live out their lives and often have interesting ***** to say, but c'mon, it's time the younger generations brought some of their obvious qualities to bear! - fnaqzna, on 11/28/2007, -0/+11The execs fear that Apple could monopolize the distribution of music.
- PhireN, on 11/28/2007, -0/+11look, you just did it again.
- funkyjunk3, on 11/28/2007, -0/+11I am sad to see so many great artists who have sold their rights exclusively to large Megamusic companies. I know several people who run a small indie movie festival. They contacted John Ondrasik, the man behind Five For Fighting and asked if they could play one of his songs at their festival. He looked at the festival and absolutely loved the idea, but his record company blocked it because of "Rights". He had sold EVERYTHING to his music company, including the right to choose who can use his own music. Then there is the censorship of Pearl Jam without their consent, and other egregious things like that. Yes, it is true that they signed over their music soul to the Corps. However, that doesn't make it any more moral, as it was probably a precondition in order to get their record contract.
- trer, on 11/28/2007, -0/+10Too busy worrying about IPods and mp3s? I thought the mantra of the business world today was "be flexible and adapt." What kind of businessman resists market forces? The goal of a business is to give the customer what they want...not what the corporation thinks they want. I've got 3 words for this luddite and his fear of technology: Deal with it.
- rswelling, on 11/28/2007, -1/+11Meet the new music "industry" it's called musicians with a clue...did that dinosaur actually say "technologists"? He needs "technologists" to show him how to sell something on the internet? Die...
- viserov, on 11/27/2007, -0/+9He's a Klingon
- MadOgre, on 11/28/2007, -2/+11Like they do in Soviet Russia!
- Spamcan, on 11/27/2007, -0/+9His excuse is they got caught with their pants down and couldn't figure out what to do until the dust cleared, that in and of itself speaks to the complete incompetence of the industry. How about hiring the people developing the technology that's undermining your profits? It can't be that hard to do a little research, figure out whats going who to talk to and offer them a big sack of cash. Though I guess just randomly suing everyone and everything would work too.. Oh right, it didn't.
- saiyanate, on 11/28/2007, -1/+10From Max Planck, we have a saying in the sciences: "Science advances one funeral at a time." I think it is applicable here, just switch "Science" for "music industry" or something more appropriate.
- mdwstmusik, on 11/28/2007, -0/+9...instead of them
- LeeTXJD, on 11/28/2007, -0/+8The record companies fear artists and Apple will not need record companies - and replace them. Apple would then be the new "record industry." With Apple's Itunes suggestions and front page - there is all the publicity that labels used to provide. Digital recording is simpler (can be done on a laptop with multiple tracks) and less expensive.
Also, the labels misunderstand their consumer. Simply people do NOT like the license offered by labels - that license is one copy of a song in a single format. If you want another format you must repurchase. This is being soundly rejected - also because CDs are digital the technology permits easy change of format. Of course, this used to go on with LPs and cassettes, but you would have noticeable degradation in quality.
Finally, the concept that they were clueless in the face of this technology is absurd. They stifled Digital Audio Tape and SACDs with DRM years before Napster. This is all about requiring a repurchase on change of format. - inactive, on 11/28/2007, -0/+8sexagenarians...*giggle*. *cough*, but yeah. they need to work with the technology. i'll buy music online. before i thought.."why would i ...if it's free". well, i'm lazy. if i can find a song for $0.99 - $1.50 and know where to get it and have it now i'll buy it. versus, having to search and waste time making sure it's a good bit rate, etc. i've spent $100 + dollars on non-RIAA non-DRM music. not really because i've made it a point, but because the people who are adapting the technology are getting my business with a product that i like and works.
- CMBlue, on 11/28/2007, -0/+8Ever since Napster the recording industry has been in a free fall and now they're losing the support of the talent as well. We're not so far away from a future of complete artist to buyer sale online. It's a beautiful thing.
- GhostyBoy, on 11/28/2007, -1/+8Why, do you like N'Sync?
- Meus1, on 11/28/2007, -0/+7My belief is that they chose to ignore the ways of the internet. The record labels of the early 90's were making huge profits on CD-albums, which were cheap in production and easy on the consumer. The internet at that time would only have been a hassle and even if they knew of the future and how easy things could get, they chose to think: easy = cuts in profit.
But then again, who in their right mind could have thought of us sitting here today streaming live videos and other content from all over the world when people were still refering to gramophones. - inactive, on 11/28/2007, -0/+7I almost feel bad for them. Key word: almost.
- Glitchwerks, on 11/27/2007, -2/+8You mean "major record labels" produce nothing good, right?
Independent record labels are still producing incredible music. - nuhrd, on 11/28/2007, -0/+6"Why are people complaining about the music industry, I can say that almost everyone here knows nothing about music and has never produced an album..."
So you try to refute a radical generalization about the music industry by making your own about digg users? Please take a few minutes and think about the point you're trying to make, then convey it clearly. Also telling people to shut up doesn't help. - inactive, on 11/28/2007, -2/+7Don't blame them, blame the disgusting class of humans that buy it. Over and over again.
- nsummy, on 11/28/2007, -2/+7Was anyone else confused about the last sentence that said kids born since Napster (in 1999) have hacked into CIA computers? Was that a joke I missed or does the guy think that 8 year olds are hacking government computers? Good article though!
- shodgden, on 11/28/2007, -0/+5This post is from just another discarded artist. I can think of just one word for the "music industry", as we once knew it... Karma. Bite me.
I've got a real job now. You get one too. - Corneileus, on 11/28/2007, -0/+5For the lack of a better phrase, Rock on GhostyBoy!
- Tyrghast, on 11/28/2007, -1/+5Call for you Mr. Moonkin, i mean, Boomkin, i mean Mnookin... *note to self stop playing WoW at work*
- raffyoh, on 11/28/2007, -0/+4the record industry is run by carnies. as funny as it is how badly they have ***** up online distribution, it can't even match how pathetic their stables of artists are. i mean look at some of this year's highest selling albums: fergie, nickleback, hannah montana, high school musical...
i mean come the ***** on. are you kidding me? - worldnick, on 11/28/2007, -0/+4It is all about culture. This man feels a misplaced sense of entitlement. He feels he is rich so he just 'deserves' to stay that way. That is how most second generation wealthy people feel.
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