universal music: kill youtube and myspace
Something big is about to go down between Universal Music Group, MySpace and YouTube. Either a major promotional/distribution deal, or a major lawsuit. Probably a lawsuit.
One super silly point that is made in the article: "Record companies are keen to avoid repeating the mistake they believe they made when Viacom's MTV was set up 25 years ago -- allowing their artists' music to be aired for free." Mistake?? Umm, didn't play on MTV pretty much sell more records and CD's than anything in history? Hello - Michael Jackson "Thriller"???
Maybe they should read this article about Beck . I don't profess to understand the future of the music industry (not sure if anyone does), but I'm really lovin' Beck's perspective. Thanks Eliza!
posted by darryl ohrt @ 7:03 AM
2 comments
2 Comments:
| Darryl Ohrt |
| David Plain |
| Justus Johnson |
| Rob Biddiscombe |
| Matt Hunsberger |
| Steph Fuda |
| RJ Fenn |
| Sara Champion |
| ATOM Site Feed |
The music industry is clueless. They've proven it time and time again when it comes to technology.
"Oh, no - we can't put our catalogs on iTunes. We won't make any money."
Two weeks after making the decision to release their catalogs: "Wow, we really should have done this iTunes thing earlier. We're making even MORE money! Muahahahaha!"
The problem with the major label record industry as it currently stands is that they don't like things that put power in the hands of the actual artists they represent. Power for the artists means less money in the label's pocket. Heaven forbid you actually put the power in the hands of the people who make the damn music.
The record industry, the RIAA and everything that goes with it refuses to update to modern technology. Sony spent so much money on Digital Rights Management and copy protection on their CD's and then found out it was illegal to make people's computers run something without their knowledge. Good work, Sony.
What companies like that always forget is that it's the consumer that made them what they are in the first place. The record labels, and many large businesses in general, need to focus more on respecting the consumers that brought them to where they are rather than figuring out ways to screw them so they can make another extra buck.
Awesome comment.