Comments on: The Future of Music and Media http://chris.pirillo.com/the-future-of-music-and-media/ News and Reviews! Geek, Internet Entrepreneur, Hardware Addict, Software Junkie, Book Author, Once TV Show Host, Technology Enthusiast, Shameless Self-Promoter, Tech Conference Coordinator, Early Adopter, Idea Evangelist, Tech Support Blogger, Bootstrapper, Media Personality, Technology Consultant, Thicker Quicker Picker Upper. Thu, 16 Feb 2012 23:17:00 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Matt http://chris.pirillo.com/the-future-of-music-and-media/#comment-545202 Matt Wed, 03 Oct 2007 22:29:49 +0000 http://chris.pirillo.com/2007/10/02/the-future-of-music-and-media/#comment-545202 Chris, I manage a small local band and have many friends in the biz, and most are completely independent. With Myspace, Purevolume, and just the internet there is no reason to be on a label. If you are on a label you only see a profit if you sell a cd at one of your concerts but not a penny if it is sold in the store. One of my friends bands was just recently signed to a large indie label and they have an interesting agreement. The label will release all of their content to stores like Samgoody and Best Buy but the band will release there own stuff via iTunes and at shows (concerts). So this means they get publicity but still remain some what independent. But most bands I know prefer to remain completely indie. Chris, I manage a small local band and have many friends in the biz, and most are completely independent. With Myspace, Purevolume, and just the internet there is no reason to be on a label. If you are on a label you only see a profit if you sell a cd at one of your concerts but not a penny if it is sold in the store. One of my friends bands was just recently signed to a large indie label and they have an interesting agreement. The label will release all of their content to stores like Samgoody and Best Buy but the band will release there own stuff via iTunes and at shows (concerts). So this means they get publicity but still remain some what independent. But most bands I know prefer to remain completely indie.

]]> By: bayoujim http://chris.pirillo.com/the-future-of-music-and-media/#comment-545146 bayoujim Wed, 03 Oct 2007 13:17:31 +0000 http://chris.pirillo.com/2007/10/02/the-future-of-music-and-media/#comment-545146 You can not stop technological progress, CD's are out, downloading is in. The companies that cannot keep up will lose. You can not stop technological progress, CD’s are out, downloading is in. The companies that cannot keep up will lose.

]]> By: Mikelinux http://chris.pirillo.com/the-future-of-music-and-media/#comment-545036 Mikelinux Wed, 03 Oct 2007 02:35:23 +0000 http://chris.pirillo.com/2007/10/02/the-future-of-music-and-media/#comment-545036 I really think its good what Radiohead is going to do. A lot of musicians loose income on their music, because of, studio costs, the record company, distribution costs for cd's etc. Also the new forms of media like I-tunes, urge etc. are taking down the sales of cd's.And honestly, its not that bad. Cd's will still be available to some people, but MP3,MP4 is defenitly the market for the future. It's easier to download tracks from your "lazy chair", then drive to town to buy a cd. And mp3 is playable on multiple devices like mp3 players, stereo systems, computers and phones (at least when no DRM is applied). Allthough setting the Radiohead-album price to "none" is a bit risky. Even if there are many people willing to pay for the album, i think the ammount of "freeloaders" still will be higher. I think every musician or record label faces the problem that millions of internet users are downloading and sharing music illegally, even if there other options like Itunes or Urge.Illegal downloads are caused because of high cd prices and DRM. And then there is the mentallity of the consumer itself: "why pay, when u can have it for free? its all there on the internet, and when i dont do it, somebody else will !" I hope that this mentallity will change when music will be available in the way what Radiohead is doing.However, i would set the minimum price to at least 10 cents. On a million downloads, 10 cents per download would still be better than having no money at all, and for the consumer it still will feel as a almost free download. You even could make it easier if you could pay the ammount of money via an SMS, so that subscriptions or bankdetails are not neccesary at all. In that way the band would make money enough to provide us with good music, instead loosing it because of free downloads and other costs like mentioned above.And they would not even need a record label at all, since everything can be done online with an own myspace page,an own website and youtube! The future of music is not finding ways of selling the music anymore, but more like: what value are consumers giving to the artist/band, and what are they willing to pay. Also for new artists and bands its the ideal way of selling and spreading their music, instead of trying to get a contract of a record label.This way of spreading music also will give a lot of freedom to the consumers I really think its good what Radiohead is going to do. A lot of musicians loose income on their music, because of, studio costs, the record company, distribution costs for cd’s etc.

Also the new forms of media like I-tunes, urge etc. are taking down the sales of cd’s.And honestly, its not that bad. Cd’s will still be available to some people, but MP3,MP4 is defenitly the market for the future. It’s easier to download tracks from your “lazy chair”, then drive to town to buy a cd. And mp3 is playable on multiple devices like mp3 players, stereo systems, computers and phones (at least when no DRM is applied).

Allthough setting the Radiohead-album price to “none” is a bit risky.
Even if there are many people willing to pay for the album, i think the ammount of “freeloaders” still will be higher. I think every musician or record label faces the problem that millions of internet users are downloading and sharing music illegally, even if there other options like Itunes or Urge.Illegal downloads are caused because of high cd prices and DRM. And then there is the mentallity of the consumer itself: “why pay, when u can have it for free? its all there on the internet, and when i dont do it, somebody else will !”

I hope that this mentallity will change when music will be available in the way what Radiohead is doing.However, i would set the minimum price to at least 10 cents. On a million downloads, 10 cents per download would still be better than having no money at all, and for the consumer it still will feel as a almost free download. You even could make it easier if you could pay the ammount of money via an SMS, so that subscriptions or bankdetails are not neccesary at all.

In that way the band would make money enough to provide us with good music, instead loosing it because of free downloads and other costs like mentioned above.And they would not even need a record label at all, since everything can be done online with an own myspace page,an own website and youtube!

The future of music is not finding ways of selling the music anymore, but more like: what value are consumers giving to the artist/band, and what are they willing to pay. Also for new artists and bands its the ideal way of selling and spreading their music, instead of trying to get a contract of a record label.This way of spreading music also will give a lot of freedom to the consumers

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