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Technology Stocks : Apple 3.0 -- Ignore unavailable to you. Want to Upgrade?

To: Zen Dollar Round who wrote (27)	6/22/2014 8:34:31 PM
From: Doren	Respond to of 157

The music industry is still screwed: Why Spotify, Amazon and iTunes can’t save musical artists salon.com Ask an artist for a job description and you'll get a blank look. Few have ever really considered what it is to be an artist or what they want to accomplish... other than adoration by a lot of people. Famous people hate being famous, usually. Its a pain in the ass. The music business is splitting into two parts: 1) touring/live - bands do need an infrastructure for this, and this is where the real money lies, unlike the past. But you have to be way better at business than music to succeed. 2) recorded music - there is no money in content anymore, that's been obvious to anyone watching for a decade or more. At least there is no money in it if you want to be "signed" to a contract. If so you'll be screwed. There is NO reason any musician who makes recordings needs record company. Recording, mastering and manufacturing disks is easy and cheap. Its not that hard to make protected download. But I think you have to figure it out. Its not like the past. Packaging is important. More like a work of art. More like a Picasso print, you can make multiples but you can't make 2,000,000 and expect to sell them all for 15.99 when two days after you start selling them used copies show up at half price. Its just a question of figuring out the economics. Musicians would be better off putting low quality .mp3s on Pirate Bay and Archive.org for free and then selling high quality originals in nice packages off their own sites than they would be selling songs on iTunes.