SubscribeIn the first month, about a million fans downloaded In Rainbows. Roughly 40 percent of them paid for it, according to comScore, at an average of $6 each, netting the band nearly $3 million.(via)
localhuman: A waffles invite would be much appreciated...Yes, seconded!
krinklyfig: The only disaster is if you've come to depend on the way the system is set up, which has been in existence for less than a century (and, for studio musicians, only a few decades). I guarantee music will continue to be written, recorded and played as long as people have the capability to do so. You may not be able to hitch a ride on the industry way of life, but that doesn't mean you have to stop playing music.Exactly. Music is joyous, cultural, and ubiquitous. Too much has been written and said about how essential music is to our lives, our use of language, and our sense of self for me to try to phrase it better, but the idea that without money, music simply won't happen is ridiculous.
delmoi: I think one of the biggest problems with online sales is that there's no easy way to make impulse purchases online [...] People are always wary of giving their credit card information to yet another organization. We need a real easy to use micro-payment system in place to facilitate this stuff.I couldn't agree with this more, and it's what I've been saying all along. It's not even the price that throws me, it's the convenience. I hate giving out my CC to yet another company, but if Thom Yorke was standing outside my favorite coffee place with a CD and said "$3", I'd probably buy it because it's the cost of a latte and I like their stuff.
The other problem is that people just don't value music recordings that much. I'd never pay $1/song, especially with the money going to the RIAA. I'd pay $1/album maybe.
The subscription model is most likely, but it needs to be "all you can download" not "all you can stream" I mean, cheapskates might sign up once every 6 months and download all they can get, but if they are that cheap they wouldn't be spending much on music anyway.
The way to make money here is to charge for convenience, not content. Make your products easier to use then the Pirate Bay, and at a cost-effective price point and people will use it.
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But unlike the war on terror, everyone knows the outcome of this war: the fish flops a few more times on the shore. Then it stops flopping. Then flies eat the flesh. There is no future in selling copies of recorded digital anything.
The internet - and the culture breathing life into it - has killed the music industry "as we once knew" without offering the slighest glimmer of a viable commercial replacement. The problem is what comes next.
Radiohead's recent experiment went apparently so badly that Radiohead refuses to release any sales information. For artists, this is really bad news. It means the only money to be made is from touring and tee-shirt sales. Thom Yorke might still be able to make his rent, but for thousands of more or less nameless studio musicians making union scale in a studio somewhere, it's a friggin' disaster.
posted by three blind mice at 9:16 AM on January 2