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EMI May Sell Entire Collection as DRM-less MP3s

Posted by Zonk on from the and-away-we-go dept.

BobbyJo writes "According to the Chicago Sun-Times, EMI has been pitching the possibility of selling its entire music collection to the public in MP3 form ... without Digital Rights Management protections. According to the article, several other major music companies have considered this same route, but none as far as EMI. The reasons, of course, have nothing to do with taking a moral stand; EMI wants to compete with Apple. 'The London-based EMI is believed to have held talks with a wide range of online retailers that compete with Apple's iTunes. Those competing retailers include RealNetworks Inc., eMusic.com, MusicNet Inc. and Viacom Inc.'s MTV Networks. People familiar with the matter cautioned that EMI could still abandon the proposed strategy before implementing it. A decision about whether to keep pursuing the idea could come as soon as today.'"

4 of 188 comments (clear)

  1. Recent EMI News by eldavojohn · · Score: 5, Interesting
    First off,

    EMI has been pitching the possibility of selling its entire music collection to the public in MP3 form ...
    Not quite, they're looking to sell it to a service. If my tax dollars were paying for all of EMI's music to enter public domain, I would imagine a lot of people wouldn't like that idea.

    Recently, I learned that EMI will be allowing music videos to stream freely to UK, German & French users through AOL.

    Also--possibly in relation to this--EMI's top legal counsel, Charles Ashcroft, has stepped down after ten years with the company. There's been a lot of internal restructuring so I wonder if these no-DRM propositions are on the way in or on the way out.

    From the article linked above,

    EMI, which is the world's largest independent music company, reported revenue of £867.9m and £62.7m profit for the six months ending 30 September last year.
    I'm assuming that those profits are primarily music based so what amount would you have to offer the world's largest independent music company to be able to release their MP3s without any form copy protection? It's difficult to consider anyone being able to afford this.
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    1. Re:Recent EMI News by uradu · · Score: 5, Interesting

      > If my tax dollars were paying for all of EMI's music to enter public domain

      Who the hell is talking about that? You're reading things into it that aren't there.

      On a different note, if EMI is seriously considering selling unencumbered music, I would suggest they buy allofmp3's back-end software, or they develop something along similar lines along with a similar sales model, except of course more realistic pricing that hopefully actually compensates the artists. I personally consider up to around $5 an album for 128Kbps MP3 an acceptable price, any higher than than and downloads almost completely lose their attraction. Future pricing models simply HAVE to take into consideration the quality-per-buck aspect, otherwise it won't fly long term. Paying $10 an album for considerably lower quality than what you get on a CD from Target or Wal-Mart at the same price simply won't fly. Besides, offering a tiered pricing model also gives them the chance to zero in on the sweet spot of the market.

    2. Re:Recent EMI News by antonyb · · Score: 5, Interesting
      The internal restructuring is on the back of extremely bad financial results. Its also worth noting that since the CEO and CFO stepped down, a deal has been struck with a Chinese ISP which comes off the back of a failed legal action by EMI to sue the same ISP for linking to illegal downloads. EMI internally, believe it or not, has a fairly enlightened view of mp3 & DRM, but have been hampered by their old-fashioned board of directors. I think they're likely to be the first to ditch DRM and sell unfettered music downloads.


      ant.

    3. Re:Recent EMI News by psykocrime · · Score: 5, Interesting

      To get the honor system to work, they need to make it very easy to buy music. Easier than finding it for free. People will sill 'borrow' from friends, but if it is easy enough to find and buy music through them, then most people won't make the effort to find it for a lower price.

      Exactly. Personally, I'll happily pay to go to an official service, with high quality mp3 downloads, where I can quickly search by artist, song-title, album, etc. and find the exact track I'm looking for, know that what I'm getting is what is actually labeled, know what the quality of the file is, etc. As long as the files aren't DRM'd and the price is reasonable. Why waste time with p2p networks where you never know exactly what you're getting, download times are inconsistent, etc?

      Hopefully if the labels go through with this, they follow the "long tail" approach and put plenty of obscure tracks up as well... demos, b-sides, live recordings, unreleased tracks, etc. Give music fans what they're looking for and they'll pay (well, some of us will anyway).

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