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Time to reboot the music industry?

News: 13th September 2010 by Louise Dodgson under Artist Managers, Creative & Branding, Finance, Law & Music Business, Live, Media, Music Publishing, Music Training & Careers, Record Labels, Recording & Production, Selling & Distributing Your Music

I don't want to sound like somebody's mother, but there are many ways in which the music industry could pull its socks up and polish up its act. For too long the music business has been slow off the mark when it comes to filesharing, record sales and the like, and in a lot of cases music organisations are still ironing out issues concerning digital models, rights and payment to artists; issues that they surely must have seen coming years ago and should have nailed down way back.

That said, not all record labels, music retailers and other organisations are lagging behind. US label Sub Pop has recently discussed completely transforming the typical record company model for themselves by giving away all music for free, and charging for exclusive products that would have once accompanied a single or album as a promotional item for collectors.

The two articles below examine the areas in which there is considerable room for improvement for the music industry, and what could be done to change things for the better. What do you think?

Related Links

http://www.ft.com/cms/s/2/92d98d1c-bae9-11df-9e1d-00144feab49a.html

http://www.billboard.biz/bbbiz/content_display/industry/e3id2408305f8fc7155df144e5b073e8e8c


Tags

music industry, music business, record sales, record labels, music sales, piracy, filesharing

 

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