Yahoo Exec Says "Enough DRM"
bogess writes "Yahoo! Music General Manager Ian Rogers recently gave a speech to some music executives about the future of the Internet music business and promised his company will not be involved in Digital Rights Management anymore." Another straw in the wind: Nine Inch Nails has now followed Radiohead in ridding themselves of the labels and going independent.
What record labels are finally learning is that just because they can steal, doesn't mean the majority of people will.
-Bill
SlashSig Karma: Excellent (mostly affected by moderatio
It seems that in recent days, the draconian overlords of music (RIAA) have won a local battle, suing and winning from a poor woman over $240,000 for about a dozen songs, and lost the entire war. Consumers kicked them to the curb 5 years ago. Now artists are starting to do it. Artists know how much companies take and how much they get. Its very likely that artists getting paid directly by fans for music on the web may have a better payday than if they stayed with the company. In general, it seems they won the battle and lost the war.
Not so fast, but RIAA and its beloved DRM will fail, within the next few years. RIAA still has control over majority of the music market. Not everyone is well-informed to know and seek for better alternatives. Some are happy to follow whatever the record labels throw at them. Only through words of mouth and coverage by media will people learn, and ditch the record labels for the better services. What RIAA fails to realize is that a successful business is all about what the customers want, not what the company wants. There are countless examples of failures because the company lost touch with the people. And here we are just witnessing another failure in making.