Evolution of the Music "Industry"
Posted by: winkyincanada on 01 June 2012
The free downloads of the Goldberg Variations got me thinking about the nature of the music business and how it is changing. With more and more music being created privately and distributed over the internet, and studio-produced music being stolen and distributed, is this good, bad or indifferent for music, musicians and their audience? I don't really care abut the jobs and salaries of music studio execs, only that music remains freely available.
Are there now fewer jobs in the industry (as someone on another thread while back seemed to imply)? Is this due to less music being produced and distributed, or due to more efficient production with fewer hangers-on? The latter must be a good outcome, surely?
Does the availability of direct, low cost, scalable, web-based models for emerging artists help or hinder them? I guess you could previously have always made cassettes (then CDs) and sell them directly, but distribution costs continued to rise with volume, limiting this approach. With the internet, load your songs onto iTunes (or whatever) and you get about 80% of the price of each download, with no practical limit on volume.
Is it easier or harder now for non-mainstream artists to eke out enough of a living to continue to make music, even if that music doesn't sell large volumes?
Is the model for big budget recordings under threat?
Just some thoughts and questions...