Is there a startup opportunity here?
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A graphic illustration of music industry madness
11–13 of 13 posts
Re: A graphic illustration of music industry madness
#12Earlier quoted context omitted.
To be truly disruptive here you need to remove the performing rights organisations and (most of the) record labels. The large record labels have an entrenched position and they use there cash to stop the business being changed. It is happening slowly though. The performing rights groups have an interest in gathering royalties and not promoting music. Some record labels really do know their niche and are managing to s…
ah here we go again - society bashing! if you actually spoke to the artists, you'd realise they're pretty happy with the PRS. it does send them cheques after all, which can be a nice thing if you're a struggling artist. if you fundamentally believe in the role of copyright, then the collection societies have an important role.
If a shop plays a radio the radio station pays to play the song so why should the shop pay to hear the song? It's free advertising for the music after all. The collections agencies do a poor job. They try to maximise revenue to justify their existence but hamper exposure for artists.
If you want to move the industry on they are a keystone holding the old business model together. Remove them and the large labels that monopolise shell space, distribution and negotiations with new technology companies and we might get somewhere where more artists and fans are happy.
Re: A graphic illustration of music industry madness
#13Is there a startup opportunity here?
To be truly disruptive here you need to remove the performing rights organisations and (most of the) record labels. The large record labels have an entrenched position and they use there cash to stop the business being changed. It is happening slowly though. The performing rights groups have an interest in gathering royalties and not promoting music. Some record labels really do know their niche and are managing to s…
The startup opportunity I see is not removing anyone in the process to make it easier to acquire content. Rather, the opportunity I see is a framework that makes it much easier to navigate the legal necessities required. Most legalese is boilerplate after the first couple uses, right? A webapp could take inputs for who's involved in the process (with auto-complete fields) and then have a checklist with buttons for sending legalese and paying license fees.