MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers. Message Board

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Technology Stocks : MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers.

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To: Rande Is who started this subject	8/4/2000 6:27:47 PM
From: Silver_Bullet	Read Replies (1) of 179

And get this, name acts are beginning to dump their traditional record contracts and the 5 to 10% of wholesale they are used to receiving per CD sold. . . . and favoring LQID, where they can name their own price. . . taking as much as 80% of retail. Do the math. . . .instead of needing to sell millions of copies of each recording in order to break even, they can suddenly hit breakeven at just a hundred-thousand or two. BIG difference. As I've said many times, I predict that one day word of the profits of direct-delivery will spread through the industry like a cancer. My question is why doesn't somebody buy napster and leverage there base of customers and charge a $.50 or $1.00 download fee per song. It seems to kill many birds with one stone. I think that the company that embraces or buy's out napster and does something of the sort make the killing in net distribution of music. The technolgy is already in place to track all of this anyway. Seems like it should be a great move by a major name. My take. FT

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