Originally Posted by ThrillKill
The record industry is a dinosaur. Who the hell buys music anymore anyway? Please feel no pity for an industry that fucked millions of people, including the consumer. Good riddance. Musicians will make enough from touring,t-shirts, and the occasional sap who still forks up $20 for a cd, plus, they'll finally get to keep the lions share.......Now, how to get rid of the blood-sucking management companies.........?
Well stated, but if an artest wants to make it he or she or they, will need a management company. Artest as much as they want to cannot totaly run thier careers with out administrative help, whether personal or business management. It is good the dollar is going back into the pockets of the Artist. The consept of 99% business 1% show was made by execs from the 60s to the 90s. Its over, the New New Industry now is 100% Independent. The artist has a direct link to thier consumers through myspace and mix cd sites.
Thats why the FBI and RIAA has set up a sting operation that has found 60 year old mothers being sued for $20,000 and going back in forth in court. That is the wrongest way for the RIAA to set a standard in a new way of business. They need to look at the business model of companies like Qualcom of whom makes thier money on Patents of technology sold world wide. If the music industry wants to make a come back they will need to focus on direct communication with thier brand markets, micro manage territories, and introduce new technologies and manage said technologies and charge a licensing fee for these technologies.
They should have had a bigger steak in MySpace, Launch.com by Yahoo, and Apple. MSN knows how to do this. RIAA and the big 4 dont. They spent so much money going after Napster instead of sitting down and buying the technology in Limewire, and Napster. They paniced in the water and now they are sinking.