Click here to find out. Quite an interesting little article for those of us who pay attention to the music industry.
What happens when an industry mistreats its customers and its suppliers? When 8,999 of 9,000 audits show shoddy accounting practices? When a core business is bungled and the marketplace shrugs and moves on? When scandals and greed lead to massive layoffs and massive disgust?
Rants! (35 comments)
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sickboi (chris) (March 1, 2002)
You know whats really sad about this? Metallica. When they were first getting started as a band, how do you think they spread the word? Through dubbed garage tapes. Fucking hypocrites. 3+ Replies
_911 (March 1, 2002)
im glad how the offspring are going against the music industry and they played a great show in long beach 3 days ago!
punksetsfire (March 1, 2002)
excellent article. can't wait to see the record industry finally collapse upon itself. just give it a few years.
Someone (March 1, 2002)
What is destroying the music industry? Is it file sharing? Or could it be shitty music? Hmm... 1+ Reply
Someone (March 1, 2002)
Very good points about the status of the major label music industry. I think the interesting thing to note is how their companion corporations like radio, retailers and mtv will respond. I think a sign of this may be the emergence of more airtime and support for indie label bands on radio and mtv. I think the begiinnings of this are starting to show. Thursday, dashboard confessional and Bad Religion are all over mtv and mtv2. Here in seattle the local rock station has been adding a lot more indie label music to its playlists. Is this something that will be good for the underground scene. It is probably to early to tell, but it likely won't be. One thing that could happen in a positive manner would be an emerging ability for artists to be hugely successfull while not on these major labels. 5+ Replies
Someone (March 1, 2002)
This is a great article. My favorite part is:
"If you're Sony, and you're making $4.6 billion in music sales but taking in $40 billion in sales from electronics, who are you going to listen to: the music industry complaining about people downloading music without authorization, or the electronics executives trying to make better, more expensive CD burners and MP3 players?" I would like to know how much more money Sony makes more in the end with things like file sharing than they do with cds. It would be their duty to let the people get a part of that cake who made the products that are being shared. And how many people who have a great mp3 collection would or could really buy these songs, i doubt they even hear them much, they just build a collection up, like me. And its not like stealing a car that you cant afford and you never would, cause you just get information, no har
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Someone (March 1, 2002)
The industry isn't whining cause the artist get no money, they cry about their own loss. I want to see the bands selling their own music over their own page and charging that amount of money they think the music is worth. It cant be that if you want to download an album you pay for all the songs together almost the same amount of money as for the album on cd. If people feel that the songs on the net cost as much as they deserve, and not as much as the industry wants to get, than i think the artist would earn more money than they do now by file sharing (which is nothing), but still the big music companies would lose money, but that happens if no one likes the way you sell stuff. Dinosaurs Will DIE 1+ Reply
Someone (March 1, 2002)
you know what the said thing is the people who usually have all the equipment to burn mp3s onto c.d. are all cheap little rich boys who see know problem ripping people off they dont buy alblums they just burn em. Same people woh in 10-20 years will control big business and fuck over the working class. Power to the proleteriat power to the working man. Jake Blues 1+ Reply
CallingLondon (March 2, 2002)
this industry is doing this to them self. they like to blame Napster and Audiogalaxy and mp3s for their problems, but it's really their own refusal to accept this new technology and medium of promoting music that's killing them. If they just learned to work with the technology, lower CD prices, and treated their artists with respect, they would probably improve situations. There's a reason we've seen bands move back to indy labels (bad religion, LTJ, Hippos, etc). i seriously hope the major labels either change their ways drastically, or i say fuck them. the indy labels will remain standing when the smoke clears, and the presidents of atlantic, Interscope, Sony, and so on, will all be slapping thier foreheads.
fish (March 3, 2002)
the article talks about Sony making money off of the technology and the cds. maybe the record companies should work together with the technology companies? i don't really know many details about this shit, but there must be something to that idea. 2+ Replies
dontgetcaught (November 3, 2006)
The way I see it is you can get a lot of money by doing very little by being a famous musician. Much like you can if your dad owns an oil company. So when things like Napster start and people start trading music for free, to hell with all the small little bands it helps by getting their stuff out there. It has to be shut down because of the slim chance someone heres one of your overproduced pieces of crap for free. Even though you only get 15% of all the cash you make (yes the execs get 60% in most contracts! Just imagine how much money one artist could make if they had the self respect to keep the rights to their songs.) you'll be damned if some kid in the midwest is going to stiff you out of what you deserve. Hell, you spent all day sitting on your ass in a studio. You must have burned like 10 calories!! That's at least 20 g's you should get. I mean you're im
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I have thousands of entire albums in mp3 format that I "illegally" own. But you know what? When I think a band sounds good, I go to their shows, I buy their t-shirts, and I buy their albums directly from the band. Since I have discovered MP3s and file sharing networks, I haven't stopped buying CD's, I just found BETTER bands that aren't on major labels so it just SEEMS like gross CD sales have dropped, when in reality, they're just shifting to smaller labels and bands. Fuck the RIAA and an "amen, brotha' man" to the author of that article.