March 22nd, 2007
Choice [The Lefsetz Letter]
The Lefsetz Letter is often an interesting destination for diatribes about the music industry. I don’t recommend everything that is written, but I do recommend reading his latest post called “Choice”. Lefsetz has a pretty good take on some of the things that will need to be done for there to be a future in music retail. Take this excerpt for example:
At some point in the future, earlier rather than later if the majors capitulate and agree to live in the present as opposed to the 1990s, music acquisition on the Net will be monetized. A great deal of revenue will be generated, but it will be distributed amongst a plethora of providers/acts.
Read the entire post here.
Written by Virgil Dickerson
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On March 23rd, 2007 at 10:34 am
ChrisC said:
I don’t know, I find most of Lefsetz emails just redundant. To me, it seems that he complains all the time, but never really gives any concrete on what to do about it. Just some blurb that most of us already know.
On March 23rd, 2007 at 11:57 am
Karl said:
“The iTunes Music Store is a failure because the tracks are too expensive and you can’t test music out, not because of the proprietary DRM.”
Hmm, this seems to be the first shot across the bow of the vaunted Itunes, which kind of puts along.
I’m fairly certain that internally Apple must be worried about its inability to penetrate the Indie Rock marketplace with any significance; either as a result of pricing, choices (Emusic smokes em for selection) or maybe just the fact that the entire target demographic believes music is/should be free.
I wonder how the online sales of the new Modest Mouse have suffered from the fact that has been pretty much everywhere in the Sendspace/Megaupload/etc. world for the last month and a half?