Office by Alex Penny
My name is Bill, I am a recent graduate in Information Sciences and Technology from Penn State University and this is a place for me to post or give my 2 cents on the fascinating world of technology. I am now working for a pretty big technology related company whose name I will leave out just to avoid any possible complications, however far-fetched them happening may be. Music gets included from time to time as well.
Google Play Music All Access, Google’s Newly Announced Subscription Music Service
The possible integration with other Google services and the way they display files on your device give it a chance, but overall I don’t think an application without a free tier could be a Spotify killer. What does everyone else think of All Access?
The music industry, the first media business to be consumed by the digital revolution, said on Tuesday that its global sales rose last year for the first time since 1999, raising hopes that a long-sought recovery might have begun.
The increase, of 0.3 percent, was tiny, and the total revenue, $16.5 billion, was a far cry from the $38 billion that the industry took in at its peak more than a decade ago. Still, even if it is not time for the record companies to party like it’s 1999, the figures, reported Tuesday by the International Federation of the Phonographic Industry, provide significant encouragement.
“It’s clear that 2012 saw the global recording industry moving onto the road to recovery,” said Frances Moore, chief executive of the federation, which is based in London. “There’s a palpable buzz in the air that I haven’t felt for a long time.”
» via The New York Times (Subscription may be required for some content)
Interesting how services such as Spotify are starting to have the effect the industry was hoping they would. However it would be nice if we found a way to turn it around that really rewarded the artist again as the royalties received from Pandora and Spotify are ridiculously small.
Property is losing value all the time. Music has become worthless. People do not buy music anymore: they donate to the record company because of social obligation. Pirating is the most efficient way to expand your own resources and with a growing poor population, piracy is going to grow.
On top…
This is similar to a conversation I was having with a friend a couple of weeks ago. That was more along the lines of how music piracy ignores sentimental value in that people are paying more for things they personally value less than music. While this argument is more along the lines of the benefits of capitalism, it kind of goes along those lines. The bit about Kickstarter at end reminds me a lot of Renaissance style financing, though crowdfunding gives more equal power rather than allowing the rich to set the standards of everything.
Buy a ticket to a movie at a theater, you get your choice of a hard or digital copy in future distribution at no charge. Buy a complete album & be able to attend one concert venue of the artist’s upcoming tour at no charge.
Oversimplify’s the cost of things a bit, but this could be a good promotional idea.
Reposted from http://bit.ly/Rv2hRB on January 03, 2013 at 11:58AM
After a busy 2012, music tech companies across the board are set for a big 2013. Streaming music companies will engage in further struggle while tech usage trends affect how music is consumed. I’ve gathered 5…
The biggest takeaway I think is that it is no longer enough to just be a musician, you have to have an entrepreneurial nature as well. If you can not take charge of your music yourself in the information age you can’t compete
LEAKED: Myspaces master plan to raise 50 million and re-launch as a spotify killer
I think it makes sense to go after spotify rather than the traditional social networks if they’re going all in on the music part, though it’s really hard to see them getting past the prior image of the product. I always knew about the low royalties issue but I feel like spotify losing money just kind of popped up suddenly, really shows how good of a spin artist Daniel Ek is or how good he is at finding capital. If nothing else it would be nice if myspace actually added a more artist friendly aspect to the streaming model, which it’s social roots might give it an opportunity at.
Something tells me this was as unscientific a study as one could be, though it would explain a lot for certain songs.
I’m not really a fan of any of the music spoken of in this article, but it fails to bring up the point that they all have a tendency to embrace social media rather than shun it for it’s piracy. The future of music involves recorded music being the promotional tool, not the product.
—
Why We Shouldn’t Worry About The (Alleged) Decline Of The Music Industry - Forbes (via futuristgerd)
I’ve seen, and in some cases used, these arguments before and I feel like they only solve part of the equation. Especially these days when so many artists are signed to 360 deals. While it would be nice to believe these factors could allow a self-sustaining environment, it still shows these days that for bands to be really successful they still need major labels.
(via emergentfutures)
