Topic: The Future of the Music Business?
What do you all think?
http://www.linkedin.com/today/post/arti … JuP9XsQS01
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Joe Bonamassa Forum → Off Topics → The Future of the Music Business?
What do you all think?
http://www.linkedin.com/today/post/arti … JuP9XsQS01
Thanks Sally.It a good article for pondering.I also wonder how the recorded music industry survives.I do think that massively popular artists(Joe included) have more ways at their disposal to make money with related merchandising.The physical product is going away to digital downloads.Myself,I am old school and like the ancient art of the cd.
I think Joe does it right by offering packages with t shirts mugs pic cases ect.A new artist that nobody knows is goin to be hard pressed to market that way.
I don't know what's going to be the end game with the music biz.Funny how the blues is non existent at the brick and mortar outlets.However there seems to be a never ending array of super talented blues and bluesrock players out there.
I do think that bands should offer some cool stuff packaged with a physical cd or vinyl to make someone want to buy that rather than download.Ideas I think of would be concert handbills/posters.expanded liner notes stickers,coasters,postcards,or other memorabilia type items.But that's just me I love all that kind of stuff.That would definately make me want the physical music medium.
I agree Gary. I don't download that much and never have, unless the CD price is unreasonably high.
I prefer the tangible thing, but thats the collector in me, and I believe in todays young music fans will eventually want a physical product. I mean, I haven't tried it yet, but I suspect it isn't so much fun browsing through someone's external hard drive and trying to start a meaningless geek conversation. The physical product CD or LP does just that.
I did a one hour chain radio programme a couple of years ago. The links in the chain were mostly all obscure 'factoids' gleaned from liner notes. Going download just doesn't resonate in the same way.
Reading the article it looks like Zep missed a trick. A year ago they had the combined CD/DVD reunion show package coming out. They could have done the same as Beyonce then.
I'm like Mike. I have never purchased a download and never will. I like physical and collect artist signed cd's. This could be a societal glimpse into the "buy it now" reflex where the twitter gen hears and wants immediate gratification. The lack of audio quality doesn't seem to mean much to those that never have heard good audio to begin with.
Rick
the shift has happend, - ownership of physical product be it music, software, film is no longer the way. Yes, I still buy CD’s because I am a collector, and buy them for the information booklet as well as the music, BUT I (and others here) are very much in the minority. Why don’t teenagers wear watches? Because they do not need to own a single function device that may stop working when they can carry a smart phone that is always connected and therefore always accurate.
The problem is it is a mind shift from us oldies who still relate paying for something with owning something physical. Kids do not see it this way. They also want immediate access, - they hear a track on a TV show, they “google”it, listen to a clip on free “YouTube” and download it probably from a pirate site or if the artist is lucky on iTunes…..
Physical product sales continues to fall, - digital download grows.
Spotify is about the delivery, and the immediate availability. It is about the user, not the artist. Artists agree to have their music on the service and they get paid per download or play. The convenience to it is that the user pays a relatively small subscription (or get it free with adverts interrupting your music) and can access music on multiple devices, - computer or smartphone and easily link via bluetooth to speakers. Sound quality can be okay.
The other reality is music sales be it physical or virtual product are low or not growing in comparison to games, - (console).
http://www.gartner.com/newsroom/id/2614915
The money is in live performance, which is a shift from a few years ago.
Music industry needs strategic plan to cover long term business success.
Late last year I passed the 4000 mark on the number of CDs on my shelf in the music room. Some, but not many, are CDs I burned from iTunes downloads where there was no other choice. It bugs me that these CDs are inferior due to their lossy mp3/m4a origin. I paid for the full sound, not the 1/10th they make available through downloads.
Mp3s are the devil. When that is the only way to get new music, I'll probably be done buying and just do the even crappier streaming route. Sigh ...
One more thing - at least Trent Reznor understands music is about the sound! His downloads are offered in several lossless formats and even a HD format. And he packages it with a high resolution PDF artwork/documentation file. So if I have the equipment and willing to do the work, the normal CD experience is possible.
I've noticed, i have cut back on buying music lately. I have, and do download music on occasion, but not for a while. There's not much that's of interest - there are the odd diamonds in the sand, but you have to search to find them these days. IMO
I went to my HMV store at Xmas, in Oxford St, London, only to find it has changed it's location, to a smaller store - The physical hands on business is in trouble!
I would rather have a CD in my hands so I can hear a fully body of work that the artist did. Plus, there's the booklet to read and explore. Some don't both and throw in a mini poster but darn it, I want album art, song lyrics, thank-yous, special guests, equipment used, where it was recorded. It seems trivial but it matters.
I think downloading a song robs a listener of a whole album - a full body of work. I have friends who dowload music all the time but they do songs not entire albums which makes it hard when we attempt to talk about an artist.
I've downloaded some songs that were hard to find or a CD no longer exists but I don't particular like to - I dread doing so. I like having something physical in my hands while listening to music it enriches it, makes it more alive than a simple download.
(And to think I thought I had a lot of CDs with 1000 - silly me! I can only imagine what 4000 looks like.) :-)
4000 looks like 8 large Sauder CD shelf units stacked 2 high (basically floor to ceiling) fully covering one wall and then a third of a second wall in my music room. I also have 2 more units full of music DVDs. My kids are going to need a dumpster when I die.
Late to the topic as always, I work so it's hard to keep up. Anyhow, I like the actual album/CD to be in my hand. I love reading the liner notes etc.. I like to know who wrote what and what artists are appearing on the album. I do buy from ITunes but usually just individual songs and then If I like it I buy the actual CD. I think the sound quality does suck on mp3's but some times its an easy way to listen to a new artist. I do listen to Spotify a lot at work. I think that young artists like Joe have a lot at their disposal to bring music to a wider audience. I feel there will always be a place for the actual album even vinyl for purists. Folks like Joe realize this and offer it all.
The latest Classic Rock Magazine does an in depth article from all sides. Very very interesting.
I think that if your primary listening is on a mobile device then why wouldn't you just buy downloads.With me it is in the car due to my work so I prefer the physical cd.It would be a pain for me to have to download all my CDs into the computer then I
To iPhone so I haven't made the switch.I know in newer cars you can plug the iPod/phone in or you can retrofit your car for it,but just can't brimg myself to do it.
I see a fair amount of new and upcoming bands who only offer mp3 downloads for their albums now.I would say for the artist it certainly is more cost effective.So I wonder how long before a cd becomes like vinyl is today?
I do prefer physical CDs, but I buy downloads as well. It's fast, it's convenient, and I'm guessing about the same money goes to the artist. I also buy Mp3 singles if I need to learn a song and don't want to/need the whole album. Boom, it's on my computer in 2 minutes and I can get to work.
I picked up a few artists' albums from their sites as digital downloads last year. Cost $9.99, but no shipping. I'm guessing the artists got the same or more as if I had bought their CDs. They don't have to deal with storage and distribution, which is nice.
I picked up 2 of Joe's older albums during a holiday sale as downloads - $4.99 each. I would have bought zero if I wasn't hooked in by the sale. It's nice to have that kind of flexibility in pricing.
This is totally different from streaming for next-to-nothing on Spotilfy, Pandora, etc. I think those services are trying to fill the void between illegal streaming/downloading, and actually buying music. As was mentioned in the article, I'm not sure that's a win for the artists and I'm not sure it's sustainable for them. I guess we'll see.
For what it's worth, I honestly don't get Spotify. I've tried a few times, but half the stuff doesn't play, the interface stinks, and I can rarely find what I'm looking for.
4000 looks like 8 large Sauder CD shelf units stacked 2 high (basically floor to ceiling) fully covering one wall and then a third of a second wall in my music room. I also have 2 more units full of music DVDs. My kids are going to need a dumpster when I die.
Thanks for the visual. *looks at her two jukeboxes and the stack of CDs beside them* Your CD collection should meet my CD collection. It would also seem that we share the same DVD situation too.
wow! That's pretty awesome you have that great of a collection! I have been known for "stealing away" my dad's cd collection haha oops! I love it! So other than Joe's music dvds what are your favorites? I have a few myself and I love watching them! Currently I have been on a Fleetwood Mac kick with their dvd "The Dance" it rocks!
4000 looks like 8 large Sauder CD shelf units stacked 2 high (basically floor to ceiling) fully covering one wall and then a third of a second wall in my music room. I also have 2 more units full of music DVDs. My kids are going to need a dumpster when I die.
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