March 23rd, 2008
It’s Been A While…
But I thought I’d post this comment here, relating to this post at Techcrunch where Michael Arrington comments:
“Recorded music is nothing but marketing material to drive awareness of an artist. Websites that bring that music to listeners are doing artists a favor. In fact, they’re doing them a favor that they should (and will) be paid for. Young artists and songwriters in particular benefit from these services - Until a few years ago they had almost no way to break into the mainstream without getting a label to promote them. Now those walls are being torn down, and Bragg has the audacity to complain about it.”
My reply to this is that one word comes to mind when I hear all of the web2.0 types talk about the next generation of music and how artists and labels should not expect to be compensated for recorded music.
Carpetbagger.
Yes. The old fatcats at the top of the music biz totally f’d it up with Napster. That’s ancient news. But they also screwed it up with terrestrial radio and MTV- building huge conglomerates on “promotional” music. To be fair, the biz was making enough money selling discs for it not to matter.
But it does now. We’re wise to Bullsh!t2.0, where some small team of founders and initial investors make millions in funding from selling to Newscorp, Yahoo, Google or CBS. Don’t blame the artists and labels for adapting to the new playing field. Music helps these companies acquire customers who have a lifetime value. So they need to shut up and pay.
These guys are still just as greedy as they claim Doug Morris and Edgar Bronfman are, the just hide behind the popular mantra that music should be free. Free to the consumer? Sure. Free to those who make a windfall? No way.
I suggest anyone in a band or from a label read the post and leave a comment on it.
Written by Bill Wilson | 15 Comments







