It is all that "record company BS" that got Trent Reznor's name in your head to even care about checking nin.com to see if there is a new albumn.. Why do people forget this? Because it is like electricity always being there... If Trent Reznor was a nobody this wouldn't work at all. It is the "BS" of the record companies that got him to his established position that allows him to even attempt this model. Take the "BS" away and you wouldn't even know he existed let alone him selling his music online. This is not a complete model for the "new" music industry... Joe musician can not succeed doing this only established acts and established acts come from the "BS" of record companies...
I posted this when Radiohead did their deal as well...
This is all fine and dandy for ESTABLISHED acts... This model does nothing for Joe musician trying to establish their career in music. I guarantee you all I could post a new album on the net and a) nobody would find it, b) most wouldn't pay for it under this model, c) the revenue from those who did wouldn't buy me a taco and Taco Bell.
Record companies can still be relevant but I think they are going to turn more into media market companies rather than content companies. If I want to be a rock star I have to reach millions of people with my music efficiently. And while I can record my new album on my hot new Pro Tool HD system in my bedroom I can't, myself, create that level in deep market penetration on my own. I think this is where a record label (for lack of a term today) can help me. But this new type of label isn't about stealing my royalties, they are just a promotion machine getting paid a fee to promote my new album to a large audience.
This is a first step (if true) however doesn't solve a bigger issue. Radiohead can do this because they are an established band, who became established because of the current industry infrastructure mind you. This modeal does NOTHING for an unknown band. How do you complete the bridge to the future?
Slashdot Mirror
Same password, add a counter to the end. Password01, Password02, etc... Stop being so clever
It is all that "record company BS" that got Trent Reznor's name in your head to even care about checking nin.com to see if there is a new albumn.. Why do people forget this? Because it is like electricity always being there... If Trent Reznor was a nobody this wouldn't work at all. It is the "BS" of the record companies that got him to his established position that allows him to even attempt this model. Take the "BS" away and you wouldn't even know he existed let alone him selling his music online. This is not a complete model for the "new" music industry... Joe musician can not succeed doing this only established acts and established acts come from the "BS" of record companies...
I posted this when Radiohead did their deal as well... This is all fine and dandy for ESTABLISHED acts... This model does nothing for Joe musician trying to establish their career in music. I guarantee you all I could post a new album on the net and a) nobody would find it, b) most wouldn't pay for it under this model, c) the revenue from those who did wouldn't buy me a taco and Taco Bell. Record companies can still be relevant but I think they are going to turn more into media market companies rather than content companies. If I want to be a rock star I have to reach millions of people with my music efficiently. And while I can record my new album on my hot new Pro Tool HD system in my bedroom I can't, myself, create that level in deep market penetration on my own. I think this is where a record label (for lack of a term today) can help me. But this new type of label isn't about stealing my royalties, they are just a promotion machine getting paid a fee to promote my new album to a large audience.
This is a first step (if true) however doesn't solve a bigger issue. Radiohead can do this because they are an established band, who became established because of the current industry infrastructure mind you. This modeal does NOTHING for an unknown band. How do you complete the bridge to the future?