A band used to struggle for a major label contract, but recently bands like Barenaked Ladies have opted out. Selling their music without the middle man means lower sales, but more left for them.
Meanwhile, a poll out of Canada seems to suggest it's over. The music industry is never going to live the good life again, because whatever compunction people feel toward paying for something they can get for free is disappearing. If a majority of Internet users see nothing wrong with file sharing -- downloading digital music files or movies free, then file sharing is simply "the new normal." The market has spoken and placed the price of music at zero.
Where is the tipping point when a lack of revenue for music producers leads them to stop producing it?
Audio: APM's Future Tense, March 23rd.
Meanwhile, a poll out of Canada seems to suggest it's over. The music industry is never going to live the good life again, because whatever compunction people feel toward paying for something they can get for free is disappearing. If a majority of Internet users see nothing wrong with file sharing -- downloading digital music files or movies free, then file sharing is simply "the new normal." The market has spoken and placed the price of music at zero.
Where is the tipping point when a lack of revenue for music producers leads them to stop producing it?
Audio: APM's Future Tense, March 23rd.
Earthquake, tsunami,
No comments:
Post a Comment