USA Today Recognizes The Future Of Music

from the well,-look-at-that... dept

For years, some of us have been pointing out that the future of the music industry is fairly simple. We don't need new laws. We don't need to sue people. We don't need compulsory licensing. We don't need to change much of anything, really. All we need to do is recognize the natural progression of economics. The music, itself, since it's a digital good has a marginal cost of zero, and your basic economics tells you that competitive pressure will eventually drive the price of that good to zero. That's not a bad thing. As things get priced at zero they become inputs, rather than end products themselves -- and that can often mean more. In the case of music, free music becomes a promotion for something else, whether it's concerts, merchandise, or something new entirely. People often say this will never happen, but according to USA Today, it's exactly what's happening in China. With copying music so prevalent, artists have learned to adjust. They want their music out there, and they use that promotional aspect to sell more tickets to concerts, to get endorsements and to appear in commercials. So, despite the claims of the recording industry, there's little evidence that all this file sharing actually hurts artists. Who it hurts, of course, are the record labels themselves, who have a history of screwing artists anyway. They set up their business model to be totally reliant on selling tangible goods with music included. As that business model drops away, they're left scrambling. So, once again, these claims from the recording industry that they're only suing everyone to help artists is hogwash. They're simply trying to protect an increasingly obsolete business model.


Reader Comments (rss)

(Flattened / Threaded)

  1.  
    identicon
    dorpus, May 4th, 2005 @ 11:12am

    But do we want to be like China?

    Chinese pop music is based on imitating Japanese or American pop music, hence nobody cares about intellectual property in the first place. If we are supposed to imitate the Chinese, who do we imitate?

     

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  2.  
    identicon
    Anonymous Coward, May 4th, 2005 @ 12:29pm

    No Subject Given

    Roger McGuinn is cool. I discovered his free folk music in the project gutenberg collection and regularly check his folkden site for new music. My little kids enjoy dancing to his sea chanteys. If he ever decides to have a concert near here, I'd go and take the family.

     

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  3.  
    identicon
    dorpus, May 4th, 2005 @ 12:55pm

    No Subject Given

    [dorpus' comments are] based on imitating [other intelligent posters], hence nobody cares about [dorpus] in the first place.

     

    reply to this | link to this | view in thread ]

  4.  
    identicon
    dorpus, May 4th, 2005 @ 1:26pm

    Re: No Subject Given

    Exactly who am I "imitating"? Other people like to imitate my name, it seems.

     

    reply to this | link to this | view in thread ]

  5.  
    identicon
    slappy illtemperedmantis, May 4th, 2005 @ 3:04pm

    cost? I see something emerging

    if the music as a digital good has a marginal cost of zero, then the money spent by record companies on cases, sleeves, art, marketing, etc. can all be paid to the artist; right? If they charge, say, $1.35 (bleep.com pricing) per song, then all of that can be paid to the artist. Well, less the cost of hosting the website, and the webmaster's pay, and...
    who else is there to pay?

     

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  6.  
    identicon
    Anonymous Coward, May 4th, 2005 @ 3:05pm

    Re: No Subject Given

    I wish dorpus would back up his statements with data. Otherwise, his statements are merely opinions.

     

    reply to this | link to this | view in thread ]

  7.  
    identicon
    dorpus, May 4th, 2005 @ 4:13pm

    Re: No Subject Given

    Sure, I could post hundreds of links to back my statements, but then people will get upset that I'm "posting off-topic trolls". Given the low maturity level of this forum, I won't waste much energy towards that end.

     

    reply to this | link to this | view in thread ]

  8.  
    identicon
    eeyore, May 5th, 2005 @ 5:16am

    Re: No Subject Given

    Given that everyone here hates you we wish you wouldn't waste the energy to post at all.

     

    reply to this | link to this | view in thread ]

  9.  
    identicon
    dorpus, May 5th, 2005 @ 7:41am

    Re: No Subject Given

    What if I post under various handles?

     

    reply to this | link to this | view in thread ]

  10.  
    identicon
    Charlie Quidnunc, May 5th, 2005 @ 3:10pm

    The Future of Music

    I agree with the author of this post. But I would add that the money movement has already happened. It's moved to broadband internet connections that people use to steal music. Now we just need to follow it to its logical conclusion. And remember that in general it moves to a more efficient or otherwise better system that has less overhead.

    I read this post in my podcast today to illustrate the point of economics of music. Give it a listen if you get a minute.

     

    reply to this | link to this | view in thread ]

  11.  
    identicon
    Trent, Jun 7th, 2005 @ 4:56am

    Music in China

    i live in China, and i buy the music here. New albums run around US$1.20 each. The music is great, and the artists are great. Every year brings new talent. Just last year an artist (who no one had heard about at the time) relased a song on the Internet. People downloaded it, told their friends who also downloaded it, and it became nationally famous. He now appears on talk shows, music shows, and commercials.

    There you have it. Music sharing destories the music industry.

     

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  12.  
    identicon
    Francis Kilduff, Aug 14th, 2005 @ 12:28pm

    Re: Music in China

    I'd like to get some China music - all kinds for the soundtrack of Fastback. Sort of a reverse piracy. Any thoughts?
    FRANK

     

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  13.  
    identicon
    jdhfj, Jul 5th, 2006 @ 4:23pm

    FUCKEN JAPANES SCUMBABS

    fucken japanese cunts didn;t know A PIECE OF Shit.
    FUCKEN MURDERS

     

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  14.  
    identicon
    Susan, Aug 3rd, 2010 @ 8:37am

    Original China music

    I'd like to get some original China music.

     

    reply to this | link to this | view in thread ]


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