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Technology Stocks : Cloud, edge and decentralized computing -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (642)	5/10/2011 12:24:07 PM
From: FJB	Read Replies (2) \| Respond to of 1685

I really like Amazon's cloud drive. I will be a user of Google's as well.

To: Glenn Petersen who wrote (642)	5/10/2011 2:50:37 PM
From: Doren	Respond to of 1685

Record companies are afraid that users will upload songs then let their friends log in and listen. Particularly the 15 - 30 year old crowd 90% that is the aim of 90% of their music production. Record companies are up poo-poo creek right now with no paddle. They are going to be very resistant. Their business model is crumbling. I'm an old time collector, who worked at Tower in Sacramento. I knew Russ Solomon who showed me one of the first CDs. So I follow the business. The music industry is going to split into two parts: 1) virtually worthless "hit" oriented music sold to the above demographic - this is the demographic they are worried about. This demographic will now pay for convenience only. Traditionally this demographic is impatient. Sales (CDs) peak days after releases. The market is flooded, and after that sales drop of radically, used CDs flood Amazon and half.com and are practically worthless so very few NEW CDs are sold after that. The download business is actually better for the music companies because downloads can be made to be resistant to trading or reselling. But if the kids can listen to their friends downloads online they don't need to buy a download themselves. They aren't collectors and don't care about the files after 6 months or so. 2) 24bit flac lossless files - for more serious collectors, the other 10%. These 24bit files sound good enough to replace vinyl, which is the holy grail for collectors. 24bit will replace vinyl because they sound so good AND are so convenient. Their are no clicks or pops, they don't have to be cleaned, and they don't require an expensive turntable or SACD player. I think within 5 years or so phone storage will be enough people will carry around their whole collection on their phones. I'm already collecting 24bit files I won't download anything less than 16bit flacs and certainly would BUY anything except 24bit files. I've never purchased an mp3 or lossy download. I own thousands of CD and even more thousands of records, and I'm contemplating selling almost all of them. Particularly those I know will become available at 24bit. Covers are the only thing that matters to me otherwise and their are so few people who appreciate those it's no fun anymore. The problem the record companies have with us collectors is we don't buy enough. We are very selective. We buy very little new music.