Tag Archive | "old music industry"
Music’s Lost Decade
The graph below is really bad news for the record industry. It’s even more striking when you think about those billions of lost dollars as actual numbers of physical CDs that aren’t being bought and will never be replaced. The last decade was music’s lost decade. According to Forrester, just 44% of U.S Internet users [...]
Continue reading...Don’t Ignore Economics…The Labels Did
Monday, February 15, 2010
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...Rolling Stone’s Steve Knopper On The Rise And Fall Of The Music Industry
Saturday, January 9, 2010
Steve Knopper is a reporter at Rolling Stone. He published a book this year called Appetite for Self Destruction about the meteoric rise and fall of the music industry. I’ve posted a link below to a fascinating interview he did with NPR where he gives a grand sweep of the music industry from the advent [...]
Continue reading...How The Internet Liar-Proofed The Music Industry
Saturday, December 26, 2009
“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.” Abraham Lincoln didn’t know it at the time, but his words captured the genesis of the record industry’s collapse. 50 Cent’s newest album [...]
Continue reading...NPR Interview: The(dismal) State Of Music Ten Years After Napster
Tuesday, December 22, 2009
It’s scary how much influence the RIAA still has on the music world. Ten years after Napster, high music licensing fees are stifling innovation in the online music startup world. Imeem lost tens of millions to licensing fees; a situation that chased off big name venture capitalists like Sequoia Capital. That led to MySpace [...]
Continue reading...Don’t Worry Too Much About Music Competition
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...The Days Of Mega-Riches In Music Are Over
Tuesday, December 1, 2009
Here’s what David Bowie wrote in a 2002 New York Times article: “The absolute transformation of everything that we ever thought about music will take place within ten years, and nothing is going to be able to stop it. I see absolutely no point in pretending that it’s not going to happen. I’m fully confident [...]
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Thursday, February 18, 2010
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