Good news for indies...
Apr. 16th, 2007 08:13 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
alexpgpFrom ars technica:
It seems that everything the entertainment industry has done over the past, what? generation? has been aimed at protecting its old business model, and that the industry's continuing existence - nay, success - has been the serendipetous result of not getting what it wanted (consider the flap surrounding home use of the VCR, wa-a-y back when).
I predict that the Internet radio industry is going to experience a pretty nasty shakeout in the interim between now and Internet broadcasters finding independent music producers who are more interested in grabbing market segment from the geriatric Old Guard labels than in killing the proverbial egg-laying goose. Once that happens, the amount of exposure given to traditional "label" artists will be drastically cut, as the Internet audience shall have found a principally new source of tunes. I'm thinking there's a truckload of new talent that's going to be "discovered" by NPR (then again, maybe not by NPR, which is actually a pretty dyed-in-the-wool business that may try to adapt instead of changing radically and dropping any kind of for-royalty music like a hot potato).
We'll see.
Cheers...
A panel of judges at the Copyright Royalty Board has denied a request from the NPR and a number of other webcasters to reconsider a March ruling that would force Internet radio services to pay crippling royalties.Naturally, the recording industry is jubilant at the prospect of being able to make sure the Internet "succeeds as a place where great music is available to music lovers of all genres," but if I were a shareholder in a major music label, I'd be seriously thinking of getting out of the industry.
It seems that everything the entertainment industry has done over the past, what? generation? has been aimed at protecting its old business model, and that the industry's continuing existence - nay, success - has been the serendipetous result of not getting what it wanted (consider the flap surrounding home use of the VCR, wa-a-y back when).
I predict that the Internet radio industry is going to experience a pretty nasty shakeout in the interim between now and Internet broadcasters finding independent music producers who are more interested in grabbing market segment from the geriatric Old Guard labels than in killing the proverbial egg-laying goose. Once that happens, the amount of exposure given to traditional "label" artists will be drastically cut, as the Internet audience shall have found a principally new source of tunes. I'm thinking there's a truckload of new talent that's going to be "discovered" by NPR (then again, maybe not by NPR, which is actually a pretty dyed-in-the-wool business that may try to adapt instead of changing radically and dropping any kind of for-royalty music like a hot potato).
We'll see.
Cheers...
