http://evolvingmusic.mixmatchmusic.com/2007/12/02/record-execs-stupid-or-just-plain-greedy/ live your life out loud Wed, 28 Jul 2010 00:05:34 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://evolvingmusic.mixmatchmusic.com/2007/12/02/record-execs-stupid-or-just-plain-greedy/comment-page-1/#comment-164 Universal Backs Live Video Streams « .Evolving Music. Fri, 16 Jan 2009 23:55:41 +0000 http://evolvingmusic.wordpress.com/2007/12/02/record-execs-stupid-or-just-plain-greedy/#comment-164 [...] Universal Music Group, YouTube About a year ago I examined a Wired article looking at the head of the Universal Music Group, Doug Morris, and his attempts to move against the current of .... My how times have changed. Not only has UMG joined forces with the other three major labels to [...] [...] Universal Music Group, YouTube About a year ago I examined a Wired article looking at the head of the Universal Music Group, Doug Morris, and his attempts to move against the current of …. My how times have changed. Not only has UMG joined forces with the other three major labels to [...]

]]> http://evolvingmusic.mixmatchmusic.com/2007/12/02/record-execs-stupid-or-just-plain-greedy/comment-page-1/#comment-163 kevmoore Sun, 02 Dec 2007 15:32:59 +0000 http://evolvingmusic.wordpress.com/2007/12/02/record-execs-stupid-or-just-plain-greedy/#comment-163 Completely agree with you. Its the inflated profit margins that were their undoing. Particularly in the infancy of CD production, when substandard reissues of old vinyl releases on CD using second and third generation source tapes were sold at ridiculously high prices. Add to the fact that some of these titles, perennial sellers such as Dark Side of the Moon, had already recouped their costs, and that the artists often hadnt provision toi be paid AT ALL from this new medium, and we're talking daylight robbery. The majors will reap what they sow. That said, I still love to own the CD, I will always prefer to have the "item" even though I use mp3s for convenience. If only the companies wouyld come clean and charge areasonable price for them, the public might be a little more forgiving. Its a sobering thought that, following a poll, it seems that Radiohead realised something like an average of $6 per album download of "In Rainbows"- thats even taking into account the naughty people who took it for nothing. Many have said this is bad business, but consider this: no artist, no matter how famous or influential, gets that amount of money per unit. There is negligible expense, no artwork, printing, etc. Its a wake up call to the industry, of that I'm certain. Completely agree with you. Its the inflated profit margins that were their undoing. Particularly in the infancy of CD production, when substandard reissues of old vinyl releases on CD using second and third generation source tapes were sold at ridiculously high prices. Add to the fact that some of these titles, perennial sellers such as Dark Side of the Moon, had already recouped their costs, and that the artists often hadnt provision toi be paid AT ALL from this new medium, and we’re talking daylight robbery. The majors will reap what they sow. That said, I still love to own the CD, I will always prefer to have the “item” even though I use mp3s for convenience. If only the companies wouyld come clean and charge areasonable price for them, the public might be a little more forgiving. Its a sobering thought that, following a poll, it seems that Radiohead realised something like an average of $6 per album download of “In Rainbows”- thats even taking into account the naughty people who took it for nothing. Many have said this is bad business, but consider this: no artist, no matter how famous or influential, gets that amount of money per unit. There is negligible expense, no artwork, printing, etc. Its a wake up call to the industry, of that I’m certain.

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