A Glimpse of the Future
A blogger has put forward one of the most accurate visions of the future that I have seen in sometime.
He says giving away music will be how money is made in the future. His arguments are articulate and convincing.
Tell us what you think of his ideas in our comments section.
Read the full story here.
He says giving away music will be how money is made in the future. His arguments are articulate and convincing.
Tell us what you think of his ideas in our comments section.
Read the full story here.
Every 10 years (give or take) there is a major revolution of some kind in the music industry.
1960 - White suburban kids start listening to "black" music called Rock N Roll, making it legit.
1970 - Album oriented rock radio stations make the album more important than the single (thank you, Beatles).
1980 - MTV comes along and changes how the whole industry is marketed.
1990 - Alternative and College rock comes out of the shadows
2000 - Two things. Napster and digital downloading changes the way music is delivered, bringing back the "single".
and New York Attorney General Elliott Spitzer cracks down on the record industry and radio industry, pretty much ending the pay-for-play practice.
And what of 2010?
The next revolution is the death of the major record label. Radiohead has shown that major artists have no need for them, and young and upcoming artists can do pretty well if they know how to draw attention to their websites/my space.com. The next business model will be bands signing with management companies and not record labels. A lot of these management companies will have promotions and A&R people that have worked in labels, but the bands will control their content and level of promotion and distribution. I think Guster is the first band that will be embracing this on a big level.
Reply to this