Albums are dead, the price of music going to zero and other good news

March 28, 2007

So this week is turning out to be another pretty bad PR week for the old music biz but healthy signs for the evolution of the industry overall. From the NYT and USAT to lawmakers and academics everyone appears ready to call the traditional music business dead! Sure, folks on the net have been talking about the death of the traditional music industry for years but this week the New York Times finally decided to join the party.

NYT reporter Jeff Leeds wrote an article entitled, “The Album, a Commodity in Disfavor” this past Monday that basically highlights the death of the CD format. USA Today blogger Angela Gunn posted a pointer to a story about the RIAA’s attempt to drag a 10 year old girl into court. Meanwhile the Consumerist is running a story about the University of Nebraska’s efforts to bill the RIAA for every copyright complaint sent to the school. Basically the university says it cost them $11 bucks to process each letter and that since they arent agents of the RIAA they need to get paid for doing it. Unfortunately they didnt back up the bill with say a threat not to snitch on their students or spend tax-payers money doing the RIAA’s work for it. Another bit of news coming out of the UK in the form of a research paper written by Will Page of MCPS-PRS, the UK’s version of ASCAP. The paper entitled “Is the price of recorded music heading towards zero?” basically reinforces the notion that music is becoming little more the a commodity. The value in the music business in the future will be in the services that surround the music and the music itself not the format in which its delivered.

Are NYTimes Reporters Finally Starting to Get it?

November 16, 2006

we think

Yesterday, while loafing off doing online research, I came across a new book titled We Think, by Charles Leadbeater. I’ll write a bit more about it in future but the abbreviated and much simplified premise is that “professionals” are luddites who are threatened by participatory culture and media folks are among the worst of this group. But no sooner do I start to read his book when MoniMon sends me a great article over at the NYTimes thats actually seems to be created specifically for online reading. The article is about the wealth of fine arts content on YouTube and mirrors another article they did this summer but was impressive in that it had embedded links to the YouTube videos playing right in the page.

Could it be that the reporters at the NY Times are starting to actually think of their long-winded rants specifically for online reading? Might we see more media inclusion, perhaps even embedded links? Check out the article by Charles Isherwood, its not a bad read if your into the topic and as I mentioned it does contains embedded links to YouTube content. Of course I cant help but wonder if the videos are copyrighted content and if the is in fact supporting copyright infringement by linking to them?