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Totoro - I'm too lazy and perhaps too inept to adequately convey my point. Consider how many car companies, oil companies, media conglomerates, etc., etc., etc. we now have left. Most industries are now consolidated to the brink of monopoly. The fact that a minuscule breach has occurred in the area of self-published music doesn't contradict any of this. The wealth has migrated more to the wealthy every year for some three decades now. Mergers and acquisitions continue apace. Poor little T-Mobile is perpetually fighting for its life. The clock is ticking. The screws are turning. Please convince me that the end result will be good for the average person. I want to believe that but can't find the salve of contradiction anywhere. What happens if we wake up one morning and find we have no internet access?That would leave us with nothing but Newspeak.
Totoro- You can forget policy changes. We're past that now. The die is cast. The other shoe already has fallen - we're now waiting for it to hit the floor.Unless there is a massive shift in public opinion and the means to bring change through force, it's all over for American labor. Everything you buy including housing will reach you with the same kind of pricing as a hot dog at the ballpark once this thing plays out.
More live music as a result of the collapse of the current system would be a huge improvement, IMO. Especially if it results in more shows and less expensive ticket prices, that's a double bonus.
Buuuuut the artists increase their touring and their ticket prices in order to try to make up the revenue lost through reduced music sales. And replace " record company" with " Ticketmaster" and stir that into the mix as well. Now concert attendance is dropping off like music sales did. And for that matter, the record labels have been dipping their beaks into the live music end of the business as well. What a cluster#@%$ this whole bloody thing has become. D.D.
Ticketmaster and their ilk would not be so bad, but they keep adding to their BS fees.
What planet are you guys on? The artists never made a significant amount of their revenue from album sales, ever. Even in the heyday of the record biz, only a few artists that sold multi platinum records made much $$ from record sales. The best/biggest artists like U2, Michael Jackson, the Stones, Bruce Springsteen were getting about $1 - maybe $1.50 an album as royalties. Most artists were in the .30 -.50/per range and a lot of small artists got even less, especially if they gave away their publishing rights, which many did just to get a recording contract.Profitable artists always made their money on tour. Anyone from either side of the music business will tell you that.The record labels aren't getting rich on touring, it's the guys like Ticketmaster that are taking huge percentages, and the fact that so many boomer bands have such huge insurance riders to amortize. That's what's driving ticket prices up and at a certain point, the market just says no.You won't see less expensive ticket prices unless you can break the two or three big promoters and that's highly unlikely to happen as they all have a big stake in the places that they play. If you want to dump Ticketron, that means you don't access to the large acts that keep your venue alive. If you can't book Coldplay, etc and pack the house 10 times a year, you can't stay alive on the smaller bands that will sell have the arena if you're lucky.
The record companies will end up losing, since they're fighting the internet.
That can change.D.D.
What planet are you guys on? The artists never made a significant amount of their revenue from album sales, ever.
Even though we collectively sound rather pessimistic, these times will be looked back upon as the good old days before our chains have begun to rust.Just how important is profit really?