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I'm pretty easy to criticize, most of the time. This isn't one of those times.
If I were the RIAA, instead of attempting to find a short term solution for the issue, I would be working on molding the law so it works for everyone. The reality is music is something people want and if there is a demand for something there is a way to monetize it. We sell water in bottles at a premium price for goodness sakes! If you look at the music industry in terms of how it was five years ago, it's a dying industry, but if you look at it as a new;modable industry that we need to start from the ground up applying knowledge for music 1.0 than it is a fresh business where the sky is the limit.
2008 is going to be a good year for the music industry, It may not show as well on paper, but for the overal "macro" view of the industry as a whole, it will be good. Many new deals are being finalyzed to monetize the lifestyle of music over merely monetizing the actual product. Artists and labels will be able to make money in ways they have never done before. We have the opportunity to mold this industry into something it always should have been, something that is good for consumers and business a like. 2008 will be a good year.
While Christmas shopping, I popped in the local F.Y.E. (which filled a hole left in the mall by a failed Sam Goody) and saw new releases selling for $16.99.
Is it any surprise that the Old Music Media is dying?
I long ago gave up being angered by them and now I'm just entertained. This latest move is especially funny for me because if they succeed in getting a court to set such a precedent, there will be an avalance drop of CD sales and it will be all their fault. Other than baby boomers and older, who carries CDs around with them anymore?
You buy a CD now to rip it and put it on your portable media player. That's the only reason. Even my "learn spanish" CDs I ripped and put on my mp3 player because it's just easier to use that way.
They get a precedent that says that's illegal, I won't be buying any CDs ever again. What would be the point? Better off buying downloads online.
"Learn what? That when you are a band with as huge of a fanbase and as strong of an iconography as Radiohead you can try any model of sales you want and your hardcore fans will always purchase your music?"
They chose a BAD crowd to target - college students. While most of their extortion victims would panic and settle out of court over the alleged piracy, the college students aren't wimps - they'll gladly fight back, and are ripping the logic of the major record label lawyers to shreds in the process.
As far as Warner Music Group goes, if they die, I won't lose any sleep over it.
Sadly, I would like to see EMI change, but right now, they're nothing but hot air. I want to see them back up their words with actions.
Universal Music Group is the label I would like to see die the most. Not only are they jerks, but they're unapologetic ones at that. We should be pushing for a serious UMG boycott in 2008.
I do stand by the prediction, though.