Music Labels Screwed, DRM Is Dead

An anonymous reader writes "Peter Jenner, former manager of bands like Pink Floyd, T.Rex and the Clash, states in an interview with the Register that music label executives have lost faith in DRM and dollar-per-track online music selling isn't working too well as a model. He predicts that in two to three years time, many countries will have moved to a blanket licensing regime." The article goes on at some length, talking about the value of digital music, patterns in the music industry, and some business at the end about 'the tyranny of the playlist' that I'm not hep enough to follow. I'm not sure this rant has any connection whatsoever with reality, but it is something to think about.

Comments

This guy out of the loop?

[spineboy]

Just looking at the bands he manages - they're mostly washed up, even one of the newer ones - Billy Brag, was "popular" about 20 years ago.
He also further demonstrated his poor grasp on reality when he mentioned rich tenured professors. LOL! Professors rich??? Slave away in academia for 100K a year - that's not rich.

make better music

[maryjanecapri]

the music industry is dying because of one very good reason: it sucks. new bands are horrible and the old tried and true bands aren't putting out anything.

on top of it all - the RIAA has become nothing more than a bully.