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Music Industry's Future Foretold in China?
sapphire writes "An article today in the International Herald Tribune provides a look at music piracy from the point-of-view of pop stars in China. China is a country forced to deal with the reality of unchecked piracy of digital media products. Will their experience lead to new business models for the world-wide recording industry?"
So people can't get rich playing music anymore. I guess they'll have to find another reason to play.
I think that quote sums it up best. They must "look elsewhere to fund the rockstar lifestyle".
I don't fucking pay artists to fund their 'rockstar lifestyle'. I pay them to make music. If they get the intense rich/famous shit going on because they sell loads, well, that's a bonus. If they make enough to live on and keep producing, then they're with the rest of the population.
To me, that keeps what they say in their lyrics all the more relevant to me.
Sorry, but it really gets to me when a "band" only does their stuff for the money.
I know plenty of bands that just thrive to hear a live audience, no, they're not big and they don't have a flash Porsche but they enjoy what they do and get to pay the bills.
All pirating means is that people that expect that when they get into music that their life is sorted and they can go round smashing up hotel rooms and stuff.
Bah! They don't even usually write their own songs.
See Courtney Love does the Math.
-- Don't Tase me, bro!
And the music just gets worse. There hasn't been much original music released since Nirvana and the Smashing Pumpkins broke in the early 1990s. It's not because the artists suck. It's because the record companies only invest in sugar-pop acts that are too watered down to be interesting. Is there a band that has artistic ingenuity or a political point? They won't get a contract, because the record company won't take a risk.
I'd pay about a dollar per song for a CD today. If I could find one I was interested in.
The whole music thing is overrated anyway. It's all just entertainment. In the end, you can get too much entertainment.
The big record companies have dug themselves into a deep hole. They're too big to release innovative or strongly artistic acts. They're too large and bulky to move nimbly. The giants are going to fall. Both music and art in general will be better for it.
If you sell your records at $20 a copy, you will not sell a million of them. Anymore. But if you sell your records at $10 a copy, you might. And if you sell them at $5 a copy, it's that much more likely.
So, yes, you can get paid. But in the current economic environment, the substitute goods (Economics 101 terminology) mean that you can't charge monopoly rent for it anymore. That is to say, music downloaders would rather have the convenience of an audio CD than the poor audio quality of MP3, as long as the audio CD isn't priced too high. The current price of 15 to 20 dollars is too high.
As an alternative, put out a mega-album with 2-3 CDs, a big booklet filled with lyrics, photos, art, and interesting notes. Put it all in a quality sleeve/jacket/jewel case. If the music is decent, you could probably charge 35, 40, maybe 50 dollars for it.
The days of easy money for musicians, groupies, executives, and the rest are over. Period. No more cutting a record for five weeks that makes millions. From now on, if you want to be a musician, you're going to have to work for your money.
As for the musicians who still want unlimited money, furs, diamonds, private airplanes, giant mansions, and all the illegal drugs they can inject in their ears, from now on they're going to have to work a lot harder to get all that dough.
The real winner in this will be that art form known as music.