Music's brighter future

[ASUmusicMAN]

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

“DIRTY pop with wonky beats and sleazy melodies” is how the Sweet Chap, aka Mike Comber, a British musician from Brighton, describes his music. The Sweet Chap has no record deal yet, but he has been taken on by IE Music, a London music-management group that also represents megastar Robbie Williams. To get the Sweet Chap known, last year IE Music did a deal to put his songs on KaZaA, an internet file-sharing program. As a result, 70,000 people sampled the tracks and more than 500 paid for some of his music. IE Music's Ari Millar says that virally spreading music like this is the future.

It may indeed be, and nimble small record labels and artist-management firms will certainly get better results as they find ways to reach more people via the internet. But the question facing the music industry is when that future will arrive. And the issue is most urgent for the four big companies that dominate the production and distribution of music—Universal, Sony/BMG, Warner and EMI (see chart 1). So far they have been slow to embrace the internet, which has seemed to them not an opportunity but their nemesis. Rather than putting their product on file-sharing applications, they are prosecuting free-download users for theft. They have certainly been struggling: sales of recorded music shrank by a fifth between 1999 and 2003.

Complete with pretty graphs and full article Here

[DudeAsInCool]

An accurate assessment. The big music companies may become dinasours if they dont embrace technology..

[Redneck4sure]

may become dinasours

Yup and they may become dinosaurs too.

Gall darn californie people. :wha':

Us rednecks know all about dinosaurs.

Edited November 8, 2004 by Redneck4sure

[Kooperman]

dinasours

I believe this was a massive mixed drink served in a special long-necked drinking glass...reputed to be Dean Martin's favorite ...

[Redneck4sure]

Koop, since that last post wasn't political.....I believe you!