Posts Tagged ‘business’

Surprise! Universal music revenues up 5% thanks to downloads

Thursday, September 18th, 2008

Pundits have warned that the major labels should adjust to a world where they aren’t so “major,” but Universal has just announced year-to-date growth of 5 percent. Thank digital downloads and a plethora of new options for grabbing tunes.

One consumer benefit to the music industry's tribulations has been an increase in opportunities to acquire music. The industry had to loosen the reins as is looked like the horses might bolt and leave the stagecoach stranded in the ditch….

Ubuntu community head tests music economics with open conten

Wednesday, June 25th, 2008

Ubuntu community manager Jono Bacon has launched a new musical experiment to help artists discover the value of open content distribution. His upcoming solo album will be distributed under a Creative Commons license.

Open source software—which grants users the ability to freely study, adapt, repurpose, and redistribute source code—has disrupted traditional software industry business models, brought unprecedented empowerment to end users,…

Metallica to bloggers: don’t review our music

Wednesday, June 11th, 2008

Metallica demands that early reviews of six tracks from its new album be removed… after the band invites journalists to come listen to them.

Metallica's management and PR team knew who the (anonymous) writer of the piece was, as they invited him; if they chose to do so, they could probably make his livelihood more difficult to earn in the future. The Quietus decided to…

U2 Manager: Ad-supported Music is Beneath Musicians

Friday, June 6th, 2008

Paul McGuinness, manager of U2, used his talk at the Music Matters conference in Hong Kong to call on ISPs to “embrace the future.” That future apparently includes handing revenues over to the music business, but leaves out ad-supported music.

But even as he wants to see more payment for artists, McGuiness rejected one model that has worked on the Internet—ad-supported content—because he feels it is beneath musicians. He's quoted as saying he does not…

Musician ‘duped’ into anti-piracy video

Thursday, May 1st, 2008

An artist featured in a new campaign pushed by the Australian music industry to discourage illegal file sharing and change the public’s perception that musicians live like royalty says he was duped into joining an anti-piracy “witch hunt”.

Other artists were less scathing in their appraisal of the video. Wayne Pilkington, manager of Anthony Callea, said: “This video is a unique view on the changing nature of our industry. It's tremendous to see artists given the opportunity…

50 Top 10 Lists of 2007

Thursday, April 10th, 2008

The powerful, the profound, the painful and the peculiar: These are the most noteworthy news events of the year

Here are the best deals and the biggest flops, the hottest tech toys and the most magical sports moments of 2007

Exclusive: Details Revealed of Music Industry Plan to OK P2P

Wednesday, April 2nd, 2008

Details are beginning to emerge of a controversial plan to charge internet users an extra fee through their ISPs to freely download music on P2P networks.

Obviously, fees that are collected from businesses tend to get passed on to consumers. Thanks to Bourget, everyone who spends money at a restaurant or a store has to pay for the background music, like it or not. Most people never notice the bite….

The Music Industry’s New Extortion Scheme

Friday, March 28th, 2008

Warner Music, fully aware that the days of charging for recorded music are coming to an end, is now pushing for a music tax.The goal? $5 per month from everyone, or fees of $20 billion per year. Thats double the current size of the recorded music industry ($10 billion).

Michael, I have said this before and I’ll say it again: you don’t get the music thing, and it would be great if you devoted a bit more time to this issue before you call it a protection racket. While I am totally with you on…

Better than Free

Sunday, February 3rd, 2008

Another great article by Seth Godin in which he describes 8 things that are worth charging for.

His point: when there are infinite copies of something, charging for one is almost impossible.