I received an email from a reader last week. He said: “…I am actually a producer that spent 25 years financing and producing independent music. Now I have to sit back while my property is stolen by theives while moral relativists like you argue that it is right. What do you do to put bread [...]
Continue reading...Monday, February 8, 2010
I just finished reading Steve Knopper’s Appetite for Self Destruction: The spectacular crash of the record industry in the digital age. It’s a riveting account of how the record industry destroyed itself by avoiding new technology. One of the author’s conclusions is that the record industry is in very bad shape and will get worse [...]
Continue reading...Saturday, January 30, 2010
There were several comments on an article I wrote last week about why file sharing will lead to a better music industry that expressed dismay with the conclusion of the piece. One guy mentioned that he discovered that some of his tracks were being ripped from legitimate sites and offered up on scam sites; some were [...]
Continue reading...Monday, January 11, 2010
I was involved with a group of guys several years ago trying to start up a record label. There were four of us. We had world-class production talent and managed to recruit two very talented hip hop and pop artists. All we wanted was to sign a distribution deal with a major label. The quality [...]
Continue reading...Monday, January 4, 2010
Revolutions on the level of the one brought about by the Internet happen rarely. At most, once or twice a century. This one’s a big one. Few industries have been untouched. And it’s just getting started. Perhaps no industry has seen the degree of upheaval that the music industry has. We’re going to see a [...]
Continue reading...Saturday, December 19, 2009
Competition is the 800 lb gorilla that dissuades thousands of people from following their dreams. Tech startups are notorious for worrying about it. In the music world, competition used to be a very real threat for aspiring music artists. Now, it’s largely a bogeyman. What’s changed that is the Internet and its creative destruction of the [...]
Continue reading...Tuesday, December 8, 2009
If I were a record label exec, I’d be worried by the graph below. It’s based on research conducted by the Times Online Labs. It shows the state of live and recorded music in the UK from 2004-2008. The most striking thing about it is the drastic decline in recorded revenue to record labels; and the [...]
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Monday, February 15, 2010
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