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Technology Stocks : MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers. -- Ignore unavailable to you. Want to Upgrade?


To: Bill C who wrote (27)4/28/1998 6:23:00 PM
From: ajunkh  Read Replies (1) | Respond to of 179
 
TUNE- "An announcement is imminent"- MSNBC Article
msnbc.com



To: Bill C who wrote (27)5/4/1998 8:13:00 PM
From: Rande Is  Respond to of 179
 
Bill,
In response to your question regarding the selling of songs one at a time, it is not the music publishing industry that will fight. They welcome any and all performance modes. The record companies, on the other hand, will be up in arms when they finally start to feel the crunch [soon no doubt]. They will send out their lawyers to D.C. but it will be too late, in my opinion.

I sincerely believe that the monopoly held for so long by the major record compnanies is about to be broken for good. And the internet commerce will be the cause. They are too slow to respond and will be left behind.

Ask yourself this: If you were a band enjoying record sales of 50,000 copies per year [many thousands do], your net income would only be perhaps a few thousand dollars. Now if you opened your own website and paid a company to drop ship your records directly to your public, you could see hundreds of thousands of dollars from those same 50,000 copies per year. What would you do?

The entire industry is about to undergo a major upheaval.

Ready or not.

Rande Is