Earlier quoted context omitted.
It isn't.
Do you mean the total revenue isn't that substantial, or the cut of the income that flows downhill to respective people (like the artists, managers, etc) isn't?
Both
EMI music is sold to Universal. We're down to three major labels.
101–110 of 121 posts
Re: EMI music is sold to Universal. We're down to three major labels.
#102Unregulated markets do lead to monopoly. Why? Because it is the very nature of competition. There will be a winner (or a few) and most will either be acquired or they will die out. With monopoly comes political power and this leads to crony capitalism. Then the monopoly can now dictate prices and influence both legislation and government regulation. The idea that companies will compete in perpetuity and benefit consu…
> Unregulated markets do lead to monopoly. Can you give an example of a company that achieved and maintained monopoly control of a free market? > With monopoly comes political power and this leads to crony capitalism. I think it's actually the opposite: monopoly is born out of crony capitalism and political power. The only monopolies I'm aware of (railroad, telecom, power) are government granted monopolies. Anyway, I…
I would be inclined to consider MS Windows had monopoly on market of desktop OS, and that particular market had little government oversight, essentially a free market. And Microsoft did what any rational monopolist would do, use it's monopoly power to stop spread of any other OS (by deals with OEM,etc), tried to enter other markets by use of monopoly, etc etc. Standard oil comes to my mind as another monopoly, but the market of petroleum was essentially not that free.
Now you may argue that the OS market was not technically free (as none has been in history of mankind), but I don't see any reason that why a better product would not gain monopoly in free market, and then, barring any restriction, why would the monopolist not (ab)use its power to maintain monopoly.
Re: EMI music is sold to Universal. We're down to three major labels.
#103What I find a bit strange is that if this where any other business, where one of the major players bought up one of the others, then this deal would need to be approved by the US, EU an perhaps others. Aren't the politicians concerned with competition in the entertainment industry?
Re: EMI music is sold to Universal. We're down to three major labels.
#104I wonder how this influences the RIAA's influence on governments.
Re: EMI music is sold to Universal. We're down to three major labels.
#105Earlier quoted context omitted.
My understanding of the Beatles situation is that it isn't label-driven. I'd love someone to clarify that.
I think the Beatles situation has to do with Michael Jackson having owned the Beatles catalogue for a time then Paul Mcartney bought it back (I think?). I'd start your search with that in mind. Also, the Beatles are on Apple Records which was/is their own label (but still under the umbrella of another label, possibly Columbia, I think). My broad strokes are correct but the details are questionable. I'm a big Beatles…
AFAIK. Michael Jackson owned the publishing rights to the Beatles songs, not the Beatles recordings. Basically the sheet music rights, royalties when Beatles songs are played on a jukebox or the radio or someone does a cover version of a Beatles tune.
It's a complicated arrangement, When in 1989 Paul McCartney wanted to print the lyrics to Eleanor Rigby and other songs for a tour, he discovered he'd have to pay a fee to Michael Jackson.
Re: EMI music is sold to Universal. We're down to three major labels.
#106Re: EMI music is sold to Universal. We're down to three major labels.
#107Earlier quoted context omitted.
> Unregulated markets do lead to monopoly. Can you give an example of a company that achieved and maintained monopoly control of a free market? > With monopoly comes political power and this leads to crony capitalism. I think it's actually the opposite: monopoly is born out of crony capitalism and political power. The only monopolies I'm aware of (railroad, telecom, power) are government granted monopolies. Anyway, I…
I would be inclined to consider MS Windows had monopoly on market of desktop OS, and that particular market had little government oversight, essentially a free market. And Microsoft did what any rational monopolist would do, use it's monopoly power to stop spread of any other OS (by deals with OEM,etc), tried to enter other markets by use of monopoly, etc etc. Standard oil comes to my mind as another monopoly, but th…
I don't see how Standard Oil was a monopoly, it only ever had at most 60% of the market. And even then, oil prices fell substantially during its reign so what's the problem?
Windows for all its market share, has still coexisted with Mac OS for decades. During that time computers have become more affordable, more prevalent, and more useful and having a dominant single platform seems to have been beneficial to many industries. So again, I don't see what the big problem is.
The only monopoly that seems genuine to me is (/was) DeBeers diamonds, although the fact they have no control over the sale of second hand diamonds makes me question its authenticity.
Can't we admit that monopolies are basically a myth? Why do people keep bringing them up as if there's numerous examples of monopoly abuse or monopoly-induced misery.
Re: EMI music is sold to Universal. We're down to three major labels.
#108... and one ring to RULE THEM ALL!!!!
Re: EMI music is sold to Universal. We're down to three major labels.
#109Earlier quoted context omitted.
Right, this is the music industry adjusting to the freedom of information, one massive merger at a time. If they keep focusing on distribution, they'll keep losing money with piracy. I doubt music will ever be totally free, but they should at least focus more on shifting the market to branding and merchandise rather than fight an idealist war where no one commits piracy despite the ease.
Piracy is actually lower now on the list of how people get music for free. Number 1 is YouTube. Ad supported streaming and radio are also up there. Piracy has been falling as a primary mover of free music for quite a while now. The shifting of the market to branding and merch has been going on as long as I've been in the industry. I was a big part of it at Warner for a while, in our direct-to-fan initiatives. The pro…
90% of music videos on youtube are unauthorized, i.e. piracy.
Re: EMI music is sold to Universal. We're down to three major labels.
#110Earlier quoted context omitted.
It isn't.
Source, please?
Any artist royalty statement. (I manage a number of indie musicians). Same goes for Spotify. You are talking pence for hundred's of thousands of "views".
Probably costs more to account it to the artist than the actual royalty.