Eminem: saving Big Music?
2pnet view Music:- “According to Mike Collett-White, Eminem’s new album could ‘save’ the music industry”, writes Monkey in Monkey House.
You think?
But maybe not because, “This is nothing more than one more in a tired, long string of articles from the media lamenting the decline of the music industry while desperately looking for ways to save it” says the post, going on >>>
It has all the cliches, how “piracy” is responsible for the declining music sales
Official figures for the key U.S. market as it approaches mid-year show how tough conditions are for music companies and acts who blame illegal file sharing for their woes.
So dvd sales, video game sales, a sour economy and people just not liking “product” released by the labels of course have NOTHING to do with declining sales. I’m sure people getting pissed off about their friends and relatives sued by the RIAA had nothing to do with that either; it’s all the “pirates” fault.
Although relatively small in terms of a label’s revenues, digital streaming, downloading, online subscriptions and advertising are seen as key to the industry’s future.
“The revenue is still small, but at least it’s revenue,” said one major label executive. “Don’t forget, some 95 percent of the digital market is illegal. If we can grow that five percent significantly, we’ve got a future.”
Just HOW do they know 95% of the digital market is illegal? Did they take a poll? I can see it now: “Sir this is the RIAA, we are conducting a poll to see how much of peoples digital content is illegal, so tell us how much music did you steal?” Or, could it be, just like LOT of music industry numbers, they pulled it out of their ass. We will never know, because no one in the mainstream media ever challenges music industry figures.
Amazingly enough, one thing the article didn’t do which so many others have is to call for draconian copyright measures. Thank you for small favours, it saved me from throwing up.
Adds Monkey, “I’ll repeat this as often is necessary, it is a GOOD thing if the music industry dies, it seems like all they ever do is push for legislation to strangle innovation(look up “diamond rio”, “vcr is the Boston strangler” etc if you don’t believe me) and for more restrictive copyright laws (Google ACTA, DMCA).”
… and identi.ca
Monkey House – June, 2010
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June 22nd, 2010 at 11:07 am
For those not as ancient as me
The Diamond Rio was the first consumer oriented MP3 music player. It was going to ‘devastate’ the industry.
I still have mine.
June 22nd, 2010 at 11:26 am
@Dreddsnik
LOL, yeah, I forgot a lot of the younger generation probably thinks Steve Jobs invented the mp3 player.
June 22nd, 2010 at 11:31 am
@ Monkey:
Say WHAT !? You mean Stevaroo DIDN’T invent MP3 players?
Cheers!
June 22nd, 2010 at 12:44 pm
I love Eminem’s new album in FLAC. Wait, was I supposed to pay for it?
June 22nd, 2010 at 1:14 pm
A commenter in the original article brings some good points, but we already know them, but still, it is well written:
“what a horribly misinformed article. A well rounded new org such as reuters really needs to hire reporters who know the difference between the music business and the recording industry. They are in fact two very different entities.
The music business, encompassing the live music industry, licensing AS WELL as the recording industry has actually seen growth over the past few years as more and more independent artists have been able to emerge and in many cases attain more than livable incomes for themselves through accessing their fans online.
Yes the recording industry, ie the sale of plastic discs and digital files by Sony, Warner, EMI etc has been tanking and will continue to because the improvements in technology that make these products more accessible has driven the supply of them to an infinite amount.
And what happens to price when demand is held constant and supply approaches infinity? It drops to zero.
And how do said recording companies react to more and more people flocking to illegal downloads? They increase the price of digital copies to even more unsustainable levels, thereby pushing more and more people towards illegal distribution channels.
How have live music ticketing companies like live nation and ticketmaster picked up the slack? By pushing away customers with androgynous and ludicrously overpriced fees for “convenience” and “processing”.
The fact is that no one artist is going to save anything, and album sales are never going to reach the height they once have. There is no selling music anymore. The only way to create monetary value from music is to associate it with other tangible items of value”
June 22nd, 2010 at 2:06 pm
Eminem…saving the music industry? The music industry is beyond saving. We all knew that the moment they started suing innocent people and putting DRM on their CDs.
And didn’t they say the exact same thing about VEVO?
June 23rd, 2010 at 4:43 am
Wasn’t Eminem the bugger who once said, “You can buy a computer, you can buy a CD?”
You can buy an international treaty; you can afford to pay your artists.