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The Dream Is Over: Music Labels Have Killed Their Digital Future

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Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#91
post #33

I would absolutely pay google $25 to store my music in the cloud. I have 150GB of the stuff and keeping it on my laptop has become impossible.

You can do this already. Write a music player client that can stuff your music into an encrypted blob and push it out on Amazon S3 or something. $22.50/month for storage. The problem is that that monthly price is a bit high for most people.

You can get this from dropbox, now, for free.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#93
post #24

Isn't this just wishful thinking? Everybody hates labels, and so wishes them dead (and for the record, so do I). But just because everyone wants them to die doesn't mean they will die. Labels sit on content, and their monopoly is protected by the full force of the law. The number of startups in the field or the evilness of label people does seem a little bit irrelevant. There is only one way labels can die: if they c…

The article never said labels were going to die. It just pointed out how they screwed their digital future.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#94
post #74

Earlier quoted context omitted.

There are several reasons that "signing" is the next, big logical step. Larger venues (most of which are owned by Clearchannel) will not give you the time of the day if you don't have a label behind you. It doesn't matter if you consistently sell out of venues a tier below them. Their booking agent won't even take your call. Sell a million mp3s of your song online? If one of the subsidiaries of the Big Four aren't be…

I've worked with multiple acts (Clark, Broadcast, Plaid) that have played (and sold out) the Bowery Ballroom without major label support. There is a very successful tier of well run larger indies like Warp, Domino, Beggars Banquet. They've worked out that not fucking your golden geese is a good long term play. But yes, even they struggle with the costs of big tours. Touring is expensive.

Oh, I concur. I've known a few unsigned local acts that have been able to edge in as an opener at Irving Plaza. But it's a rare case indeed. (it doesn't help that they play a semi-in-the-hole genre, at least in the US. It's still quite big in some cold, northern european countries)

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#95
post #11

I came to this conclusion myself about 6 months ago, after Dalton Caldwell spoke at a YC dinner. I realized it was basically hopeless to start startups that touch label music, because even the ones that seem to be succeeding (in the sense of not being sued out of existence) are only allowed to live so the labels can suck investors' money through them. But by creating a startup-free zone around themselves, all the lab…

The only way out of this that I can see is for artists to sign onto digital-friendly (ie, small-time, currently) distributors. Which loses anything you'd get from signing with a big label. It's a nasty situation; with luck, the music labels will kill themselves off entirely, and something new can rise from the ashes. I doubt they'll actually embrace digital distribution for a minimum of several more years, which is murder to artists.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#96
post #90
post #79

Earlier quoted context omitted.

The situation isn't entirely hopeless. Even within the most aggressive labels (and by that I mean their legal departments) there are parties who do encourage innovation. These are the people that go to bat for artists and are trying everything imaginable to promote them. They try new advertising campaigns, are experimenting with alternate branding, and moving to the sports business model (ie endorsements). Its unfort…

This sounds naive. The people running the labels are very cynical, and the way they're compensated makes them even more so. They don't have equity. They're motivated by bonuses that come out of this year's revenue. So they're not interested in building stuff. They just want to extract large amounts of money, this year, from whoever they can.

But why can't this change over a period of time as physcab has indicated (who by the way, works/worked for one startup leading the charge)? I believe it impossible for the industry to fail--there will always be people making music. So the big four are either going to have to get with the program (and probably significantly reduce their market cap), or get the hell out the way.

This is in someways analogous to what YC, super angels, et al. have done with venture capital. Just like ~$20,000 is about all you need to get a talented founding team started, musicians today can do things on the cheap just as well. The entire system no longer hinges on the $100M home-run in either case.

Everyones been focused on investing in the killer app that will bring the music industry back to equilibrium. The Spotify's and last.fm's will certainly play their part, but its a fundamental shift in capital structure that the industry needs. Making it as a musician is, never has been, nor ever will be easy. There's extremely talented people out there though that, given a little cash and a little support, have the drive and persistence to make a career for themselves. Sans record label.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#97
post #87

Earlier quoted context omitted.

I would absolutely not. What if they decide that the music branch of their business is expendable? "We're shutting down our servers in a month, gl;dd". Remember Microsoft.

If it was my music to begin with I hopefully have it backed up somewhere, so no harm done. I'll just go back to doing whatever I did before.

As would I, but doesn't that eliminate a lot of the convenience of leaving it up to Google, the cloud, etc? At that point, why not just set your music up on a RAID, and stream it from home?

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#98
>Nobody’s going to pay Google $25 a year to store their music in a cloud.

I probably would. $25/year for my collection would make it by far the cheapest file hosting available, and as I have a couple machines and a couple OSes, being able to consolidate everything, synchronize everything, and actually keep my ratings of songs across different systems would be wonderful. Most places I go I can stream music, so I wouldn't even need to keep most / any of it on my devices.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#99
post #79
post #11

I came to this conclusion myself about 6 months ago, after Dalton Caldwell spoke at a YC dinner. I realized it was basically hopeless to start startups that touch label music, because even the ones that seem to be succeeding (in the sense of not being sued out of existence) are only allowed to live so the labels can suck investors' money through them. But by creating a startup-free zone around themselves, all the lab…

The situation isn't entirely hopeless. Even within the most aggressive labels (and by that I mean their legal departments) there are parties who do encourage innovation. These are the people that go to bat for artists and are trying everything imaginable to promote them. They try new advertising campaigns, are experimenting with alternate branding, and moving to the sports business model (ie endorsements). Its unfort…

I'll believe it when I see it. The labels are largely just a copyright exploitation system designed by lawyers; certainly, this is where the money comes from, and until that changes (which I would imagine would happen approximately never), the fundamental behavior will stay the same. Even as their profits are shrinking, the individual incentives to behave monstrously remain in place. I think that the majors are going to end up as 50 person (all lawyer) holding companies suing the bejeezus out of everyone; and promotion and marketing will end up more evenly distributed, albeit much crappier on the high end. I wouldn't touch a music startup with a 1000' pole -- thankfully, I'm not an investor.

Re: The Dream Is Over: Music Labels Have Killed Their Digital Future

#100
post #2

> Nobody’s going to pay Google $25 a year to store their music in a cloud. I'd pay that to be rid of iTunes.

Me too. iTunes is just horrible. I'd love a non-iTunes way of getting my music onto an iPod.

This will do it on windows: http://www.mediamonkey.com/ (I have no vested interest in this company other than continued development for my personal use)

edit didn't see the comparison below, but this works very well with Iphone/pod/pad

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