Comments on: Hollywood Doesn't Get It, Part 3,553 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/ Mon, 23 Nov 2009 11:31:55 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Kimberly Swygert http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-2369 Kimberly Swygert Fri, 11 Jan 2008 14:10:01 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-2369 It's not a new thing for consumers to copy music and share it with their friends. I still have hundreds of cassette tapes from the 80's on forward. That type of sharing didn't put a dent in the music industry's profits. What is hurting them is that now artists can create their own music at home, upload it to the web, and sell it/give it away to millions of people worldwide. THAT is what's hurting them, and that genie isn't going to go back in the bottle. It’s not a new thing for consumers to copy music and share it with their friends. I still have hundreds of cassette tapes from the 80’s on forward. That type of sharing didn’t put a dent in the music industry’s profits.

What is hurting them is that now artists can create their own music at home, upload it to the web, and sell it/give it away to millions of people worldwide. THAT is what’s hurting them, and that genie isn’t going to go back in the bottle.

]]> By: Under Terms of the Deal, Imeem’s Soul Will Be Held in Escrow | Digital Daily | John Paczkowski | AllThingsD http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1997 Under Terms of the Deal, Imeem’s Soul Will Be Held in Escrow | Digital Daily | John Paczkowski | AllThingsD Mon, 10 Dec 2007 21:30:39 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1997 [...] and music for free to the 19 million users of an upstart social-networking site was once about the farthest thing from Universal Music Group’s mind. Now, with the Internet rejiggering the music industry’s economic structure, it’s at the [...] [...] and music for free to the 19 million users of an upstart social-networking site was once about the farthest thing from Universal Music Group’s mind. Now, with the Internet rejiggering the music industry’s economic structure, it’s at the [...]

]]> By: Michael Long http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1724 Michael Long Thu, 29 Nov 2007 00:02:27 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1724 Wow. They must really hate Wal-Mart and Amazon too. I mean, can you image the audacity of someone selling billions of your products for you? Golden handcuffs, indeed. Wow. They must really hate Wal-Mart and Amazon too. I mean, can you image the audacity of someone selling billions of your products for you?

Golden handcuffs, indeed.

]]> By: Kara Swisher http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1720 Kara Swisher Wed, 28 Nov 2007 21:34:37 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1720 All Hail! All Hail!

]]> By: Milton Soong http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1719 Milton Soong Wed, 28 Nov 2007 21:17:53 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1719 I love this logic... Consumer have always complained that labels have been screwing over the musicians over the years, their justification for their role was "We are valuable, we are a gatekeeper who takes the risk of discovering new talent, make sure there's access to their material through promotion/marketing etc." Now that the shoe is on the other foot (iTune= Gate Keeper to help consumer get to the material), all of the sudden the argument is reversed.. I hope the labels all go bandrupt, and a new scheme is setup where consumer can directly compensate the artists for their work. All Hail Disintermediation! I love this logic…
Consumer have always complained that labels have been screwing over the musicians over the years, their justification for their role was “We are valuable, we are a gatekeeper who takes the risk of discovering new talent, make sure there’s access to their material through promotion/marketing etc.”

Now that the shoe is on the other foot (iTune= Gate Keeper to help consumer get to the material), all of the sudden the argument is reversed..

I hope the labels all go bandrupt, and a new scheme is setup where consumer can directly compensate the artists for their work. All Hail Disintermediation!

]]> By: Randy Harrison http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1718 Randy Harrison Wed, 28 Nov 2007 20:37:07 +0000 http://kara.allthingsd.com/20071128/hollywood-doesnt-get-it-part-3553/#comment-1718 Doug has it backwards. If you follow his logic, then the companies that manufactured, say radios, should have tithed off a piece of their sales to the labels too. Sorry. And to blame the students for the labels current woes is disingenuous at best. The real problem is that the labels, who saw this coming with plenty of lead time, abdicated their responsibility to manage change and now face the "music" which is an (i)tune they don't like. Get off it Doug! Look at iTunes and any other outlet, digital or not, as a promotional tool. Quit looking back a the good old days and get on with it. After all the music industry invented direct retail merchandising and promotion. Update the model. Its in your corporate DNA. And remember you are competing against free, so you have to understand value and your customers in new ways. But just think, you have been there before... say when FM usurped AM to be the dominant vehicle to launch music and LP's took over from 45's. Doug has it backwards.

If you follow his logic, then the companies that manufactured, say radios, should have tithed off a piece of their sales to the labels too. Sorry.

And to blame the students for the labels current woes is disingenuous at best. The real problem is that the labels, who saw this coming with plenty of lead time, abdicated their responsibility to manage change and now face the “music” which is an (i)tune they don’t like.

Get off it Doug! Look at iTunes and any other outlet, digital or not, as a promotional tool. Quit looking back a the good old days and get on with it. After all the music industry invented direct retail merchandising and promotion. Update the model. Its in your corporate DNA.

And remember you are competing against free, so you have to understand value and your customers in new ways. But just think, you have been there before… say when FM usurped AM to be the dominant vehicle to launch music and LP’s took over from 45’s.

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