THE MUSIC BUSINESS: WHAT'S NEXT?
'Five years from now you'll see virtually no CD stores'
On the eve of the Grammy Awards, the recording industry is under siege: As the Internet drives a file-sharing revolution, it's the end of the (music) world as we know it
By Joan Anderman, Globe Staff, 2/23/2003
It's 2008 and you want the new Coldplay album. You walk into a record store where there are no records, enter a kiosk, and download the collection directly onto your portable digital audio device.
Or maybe you're an old-schooler with a soft spot for quaint technology. You sit down at the computer, whip out the $30 prepaid card you got for Christmas, log on to Amazon.com, and burn a few of the 50 tracks you've got coming onto a compact disc. Voila: instant artifact.
Perhaps you'll click over to your music subscription service. Depending on your plan, you download tracks No. 2, 7, and 11 for a dollar each into your Internet-wired home stereo or, as a monthly subscriber, load an iPod to your heart's content... [much more]
... ''As the Scottish artist Momus says, everyone will be famous for 15 people.''
There was a similar article in the New York Times that stated CDs will are headed for the format "dustbin" like vinyl...
― david day (winslow), Monday, 24 February 2003 15:37 (twenty-two years ago)
See, the article has a problem right there.
I am taking advantage of the looming collapse by scrounging the DVD bins at the local Wherehouse that is officially going under, everything's been marked down for clearance.
― Ned Raggett (Ned), Monday, 24 February 2003 15:40 (twenty-two years ago)
― Kim (Kim), Monday, 24 February 2003 15:42 (twenty-two years ago)
― Ned Raggett (Ned), Monday, 24 February 2003 15:43 (twenty-two years ago)
Good, more room for used record stores.
― die9o (dhadis), Monday, 24 February 2003 15:43 (twenty-two years ago)
― Ned Raggett (Ned), Monday, 24 February 2003 15:45 (twenty-two years ago)
― dave q, Monday, 24 February 2003 16:11 (twenty-two years ago)
― Horace Mann (Horace Mann), Monday, 24 February 2003 16:17 (twenty-two years ago)
― j breitling (BlastsofStatic), Monday, 24 February 2003 16:24 (twenty-two years ago)
The notion of storage is just as quaint. There will be no MP3, no memory. Music (& movies & books) will be on demand - no storage except for the buffer required to spool cleanly. Fixed-fee pricing will be distributed equitably (prorated) among artists based on demand. Wireless broadband radio on demand.
(Perhaps) advertisements are optional.
― dave225 (Dave225), Monday, 24 February 2003 16:58 (twenty-two years ago)
― Horace Mann (Horace Mann), Monday, 24 February 2003 17:00 (twenty-two years ago)
― jq higgins, Monday, 24 February 2003 17:04 (twenty-two years ago)
― Ned Raggett (Ned), Monday, 24 February 2003 17:10 (twenty-two years ago)
Back catalogue is the way forward for new rec shops.
― Andrew L (Andrew L), Monday, 24 February 2003 17:12 (twenty-two years ago)
Also, raise your hand if you will miss liner notes and album art! (*raises hand*)
― Aaron Grossman (aajjgg), Monday, 24 February 2003 18:31 (twenty-two years ago)
― Horace Mann (Horace Mann), Monday, 24 February 2003 18:43 (twenty-two years ago)
― dleone (dleone), Monday, 24 February 2003 18:43 (twenty-two years ago)
― david day (winslow), Monday, 24 February 2003 20:29 (twenty-two years ago)