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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (502)	7/24/2000 9:30:17 AM
From: MikeM54321	Read Replies (1) \| Respond to of 46821

"Being the gatekeeper was the most profitable place to be, but now we're in a world half without gates. The Internet allows artists to communicate directly with their audiences; we don't have to depend solely on an inefficient system where the record company promotes our records to radio, press or retail and then sits back and hopes fans find out about our music. Record companies don't understand the intimacy between artists and their fans. They put records on the radio and buy some advertising and hope for the best. Digital distribution gives everyone worldwide, instant access to music. And filters are replacing gatekeepers. In a world where we can get anything we want, whenever we want it, how does a company create value? By filtering. In a world without friction, the only friction people value is editing. A filter is valuable when it understands the needs of both artists and the public. New companies should be conduits between musicians and their fans. Right now the only way you can get music is by shelling out $17. In a world where music costs a nickel, an artist can "sell" 100 million copies instead of just a million. The present system keeps artists from finding an audience because it has too many artificial scarcities: limited radio promotion, limited bin space in stores and a limited number of spots on the record company roster. The digital world has no scarcities. There are countless ways to reach an audience. Radio is no longer the only place to hear a new song. And tiny mall record stores aren't the only place to buy a new CD." --Courtney Love __________________________ Ray- I was just blown away by the article, in part because of who wrote it. A person who I had formerly thought was one of those, "entrenced interests," I refer to often. Thanks for posting it. It's directly related to that long drawn out ISP issue lml and I got into on the LMT. And, believe it or not, it's directly related to my current line of thinking about the TV model ftth, Frank, and I are pondering. IMVHO, what keeps a lot of what is available from a technology perspective(I'm referring to bandwidth) from reaching us, is not so much a technology issue, but an entrenched interests problem. Of which Courtney Love touches upon in her very long, but very well-written rant. That's why I copied a part of it right in here. Substitute NAB for RIAA and you have the same type problems in TV land. Probably publishing land too. Thanks. -MikeM(From Florida)