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Archive for December, 2007
3 down, 1 to go: Warner Music Group drops DRM
Warner is making all of its music available as MP3 files for sale at Amazon’s music store.
No commentsPay-What-You-Want Will Change The Music Industry
We all know the music industry is transforming. Rumors leaking from the Radiohead camp say that their album was downloaded over 1 million times. The pay-what-you-want model works better for fans and artists alike.read more | digg story
No commentsDavid Byrne and Thom Yorke on the Real Value of Music
“In terms of digital income, we’ve made more money out of this record than out of all the other Radiohead albums put together, forever — in terms of anything on the Net. And that’s nuts. It’s partly due to the fact that EMI wasn’t giving us any money for digital sales. All the contracts signed in a certain era have none of that stuff,” Thom Yorke Read more | digg story
No commentsDavid Byrne’s Survival Strategies for Emerging Artists
Former Talking Head’s frontman gives his take on how emerging artists should look at the music industry situation.read more | digg story
No commentsIs Easy Better Than Free?
Music industry - the lesson is not that free will always win. EASY will always win. I could rip this track for free by breaking the DRM and converting to an MP3, but that’s 10 minutes of my day I can spend doing something else (like blogging about it). That would be free, but I want easy. I value my time more than my money, because I can always make money, but my lifespan is finite and irreplaceable. Read Article
No commentsOPENhulu - because you can’t control digital media.
You can’t stop digital copies! When will they learn?? OPENhulu, a ripoff site that looks a lot like Hulu, features much of the same video content, and doesn’t require an invitation. The concept is pretty simple. Since Hulu lets registered users embed videos on their own web sites, why not grab all the embeddable content from Hulu and post it on an open site?read more | digg story
No commentsThe RIAA is NOT saying that ripping your CDs is illegal
Not that I like to defend the RIAA, but this clears up the claim that the RIAA said ripped CD’s are “unauthorized.” Despite what some websites are reporting, the RIAA is NOT saying that ripping CDs into MP3s is illegal.Read Article
No commentsA Letter to Musicians: The Benefits of Free Music
It’s a weird feeling, but I’m sick of hearing how Radiohead is “changing the music industry.” And it’s not because I don’t love what they’ve done, it’s because I’m left wondering: Why haven’t more musicians started giving away their music?
It seems like a no-brainer that album sales will continue to plummet. Musicians that hope to secure a career in music need to look elsewhere to earn money. The funny thing is that musicians already know this—because that’s how it has always been. Most musicians make less than $1.00 off of each album sold, and historically, less than 15% of bands actually make money from album sales (coming soon: 0%). The truth is that successful artists ALREADY net the bulk of their bankroll through sources other than album sales.
That brings us to Radiohead. They did the math and then did something about it. Instead of relying on skimpy returns from album sales—yes, skimpy, relative to the fact that Radiohead sells millions of albums—they allowed their music to be downloaded for free while accepting non-compulsory donations. As a result, they’ve been graciously rewarded by generous fan donations and media praise. Not to mention the kind of free publicity that garners heaps of potential new fans.
Trent Reznor of Nine Inch Nails is one of the few to follow Radiohead’s lead. Three weeks after Radiohead’s album release he announced that he’d be giving away his latest collaboration with Saul Williams. Recently Reznor remarked, “in the future songs can be a way to entice fans to buy concert tickets and merchandise.” He definitely has the right idea: give away your songs to capture the attention of new fans and sell your live shows.With that said, I’ve written a letter to the world’s musicians who have yet to loosen their clasp on the measly royalty checks their record labels afford them:
No commentsDear Musicians,
I’m asking you to look past the pocket change you receive from digital album sales and make your music available online for free.
I understand that after spending months in a recording studio, you may be a bit apprehensive to fork over your cherished songs. Especially considering that some people may actually be willing to pay for them. But in the end, I believe there are more incentives for giving your music away digitally. Lucrative ways for musicians to make money include:
- Live shows and merchandise: These two have always been the #1 source of income for musicians. Give your music away because, from a marketing standpoint, every fan you earn is one more customer to whom you can sell merchandise.
- Music Licensing: Although often eschewed by independent musicians (remember when The Shins shamed their music in a McDonalds commercial?), music licensing can subtle and doesn’t have to be tasteless. For example, the Dresden Dolls earned about $40,000 when they licensed “Coin-Operated Boy” for a jelly commercial in Austria.
- Donations: Collect 100% of your earnings when your fans give directly to you. I created the site musicNetural.com so that you can start collecting donations right away. Alternatively, you could set up a donations site yourself using PayPal, Amazon or Google.
I understand that some musicians don’t have the right to distribute your recordings for free (i.e., if you’ve already sold the copyright). No problem—you can still support our cause.
- Educate yourself about copyright laws, the RIAA, and unfair music industry practices. Before releasing your next album consider a Creative Commons license instead of a traditional copyright.
- Take immediate action by displaying the musicNeutral button to let everyone know that you support alternatives to album sales.
With that, I wish you the best of luck with your career. If you’re a new band and you need a fan in me, try making your music available for free—and I promise that by eliminating the #1 obstacle to widespread exposure to your music, you’ll rein in a lot more than just one new listener.
Sincerely,
Chris (and the rest of musicNeutral)
Universal Sets Music Free On Imeem
The beleaguered music industry is beginning to show more enthusiasm for free, advertising-supported business models. More FREE and LEGAL MUSIC! read more | Digg This
No commentsI Got Busted Pirating Music. Here Is My Story.
No matter how much money is coughed up in fines or how many kids get made into examples, the downloading will continue … just not on my machine. Read More…
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