; Tangled Up In Blue: E-music changes the world in unexpected ways

Monday, January 30, 2006

E-music changes the world in unexpected ways


Picasso - Three Musicians

Mobile Opportunity: Removing the Middleman, Part 2: Music: Former Chief Competitive Officer and VP of Product Planning at Palm Michael Mace (spotlighted in Day 84 of 100 blogs in 100 days), explains and demystifies what is going on in the music business today - this post is a must read if you have a stake as an artist, producer or music industry mogul... check it out.

Michael asserts:

E-music changes the world in unexpected ways

--I think the biggest change happening in music distribution right now isn't piracy, it's cannibalization of CD albums by e-music singles.

--I can't believe I'm saying this, but despite all the hype, the iTunes music store is actually much more powerful than most people realize. I think it may already be too late for any competitor to stop iTunes from becoming the dominant music store in the US.

--The tipping point at which the record companies will become obsolete may arrive in about two years.



I'm interested in how these E-music channels operate, having been old school back in the eighties with my time at Warners with the rise of the cassette and later, the CD. Now in software distribution and familiarity with eBooks and mobile phone distribution - well trust me, you'll want to read the rest of the of the article. Michael does a masterful job of explaining his due diligence and research. Is the future bright for artists, record companies and/or consumers?

The Economist thinks "The internet will eventually be wonderful for music buyers, but it is still a threat to today's dominant record labels"

and...

Some say when it comes to artist's interests, "Apple calls iTunes "revolutionary" but record companies are using the service to force the same exploitive and unfair business model onto a new medium."

2 Comments:

Blogger romablog said...

Interesting. I never liked 'e-music' because it diminishes the chances of a legitimate open community where music and art can be free and everyone can be an artist. And it's always seemed to me that sites like UGHH.com, which allow you to download music for free, have better quality and more provoking and interesting stuff than the general consumer market.

3:46 PM  
Blogger Tim said...

Compared to cd quality mp3s are not as good, they re about 20-30% the quality which on ear buds doesn't matter so much. If you compare itunes 99c per song to emusics 33c per song it is a fair download. emusic doesn't have the millions of popular albums but they have some classic stuff. I recently downloaded some singer/songwriters of the 70's(Lain Mathews, Mick Greenwood, Michael Stanley) that I wouldn't otherwise know about. So I think that is cool and hopefully those artists are getting decent royalties.

7:33 PM  

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