Counting Crows' Keyboard Player Discusses The Music Industry
from the interesting-views dept
That is, he notes exactly what plenty of people have been saying for years: the music acts as promotional material for their tour. It's the same old story of non-scarce goods (music) promoting scarce goods (concert tickets). So, while he starts off his post by claiming "the music business is in trouble," that's not quite true. Stats show that the music business is booming. It's the recording industry that's in trouble. However, all sorts of ancillary services that support the music business have doubled over the last decade. The issue isn't that the music business is in trouble -- it's just that the places where the money comes from have shifted -- and the goal of any musician should be to follow where that money is going and capture it. Gillingham and his band are already doing exactly that -- and it's a solution that should make everyone happy (rather than be a tug of war between three players). The musicians should be happy because they make more money as more people go to shows. The tech industry is happy because the music helps add more value (sell more computers and iPods for example) and consumers are happy because they get access to more music in friendlier formats. It may be all about the money, but there are solutions that make everyone happy by building a bigger pie that everyone can share in, rather than fighting over the scraps of the smaller pie.