Culture

by Mike Masnick




Allofmp3 Pissed Off At Credit Card Companies; Plans To Fight Back

from the no-surprise-there dept

Yesterday, we mentioned that Visa had dumped Allofmp3, saying it would no longer process credit cards for the site. Today, Mastercard followed suit. This has Allofmp3 a bit angry, saying that they will do whatever possible to get credit card processing turned back on. They point out, once again, that they have never been convicted of any illegal activity, and previous investigations have shown them to be legal. Of course, just because you're legal, doesn't mean that a credit card company has to process your transactions.

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  1. identicon
    A Musician, 26 Jan 2007 @ 6:53am

    Today - just as ever, musicians create music and people enjoy listening to it.

    Tomorrow will not change this.

    For thousands of years, a percentage of musicians have been fortunate enough to generate good financial returns from their music - through patronage.

    This is not going to change either.

    The recent advent of recording media has supported the evolution of something quite separate to music - the music industry. This industry has developed excellent technologies, starting with print, then phonograph, vinyl, tape, CD etc. It has made an unprecedented contribution by documenting some of the incredible musical achievements of the last century. It has also been a vehicle by which more and more musicians have been rewarded for their work through extended patronage. And the industry has profitted well for its troubles.

    It is this music industry that has to change. And this is unavoidable.

    The longer industry exponents try to hide from this simple reality, the more they minimise their chances of success in this rapidly changing field, and the more chances they open up for the Apples and other startups. I postulate that to indulge this kind of resistance is a last straw tactic - only worth trying when you are resigned to doing nothing else.

    Musicians will not be the losers here; more of them are being heard internationally. Yes the price of a tune will fall - but production, marketing, and distribution overheads have dropped and sales must rise.

    All we need is smart organisations who can take up the massive openings in the industry. Its happening right now.

    Consumers can't lose here. Of course, its a bumpy ride and you may find yourself cheated of a refund here and there - but you're still $$$ ahead compared to before the arrival of mp3.

    The CC companies are just trying to avoid legal costs and bad press generated in the turmoil of dying corporations. They'll be back.

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