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Re: Zoe Keating in NY Times article.@borisfx.com





On Wed, Jan 30, 2013 at 10:23 AM, Dean, Hal <HDean@wcupa.edu> wrote:

Eno is not god despite our occasional stabs at setting him up as one. I find his analogy not apt.


I don't think he's a god (I mean, have you heard him sing? Yow.). I find his comparison astute. 
  

The guys “making” whale blubber were not going to persist in doing it once the market caved, and no one would continue to be interested in their product. If the analogy is to the selling of recordings, not records. i.e. not to a physical product necessarily, then one must point out that the workers do continue to be interested in the making (that would be everyone reading this), and there continues to be a pool of folks interested in the results.


They may be interested in hearing the results, but the number of people interested in paying for them is dwindling, and continues to dwindle.
 

I don’t think it is entirely true that the people who purchase decide value. I’m no economist, but surely the economy of music distribution has an element of the “race to the bottom” about it.  Amazon’s bending of the publishing world to its will is a parallel that has received a lot of attention – the real sufferers there are authors.  BTW, to the extent that theft is a “purchase”, then the value is zero.  Hmm.


Correct. If no one is willing to pay for something, and they can get it for free, the value of it is zero. It's illiquid. I can say my new record is $100, but if no one buys it at that price, it has no value. Outside of a select circle of folk, people seem to be throwing their discretionary income at other things.

But Per makes a compelling case for what I’ve seen Chris Cutler call a “post-musical” world… well, maybe that isn’t what Chris means by the term, but it sounds good… I have not really thought much about that. If that is where we are headed or have arrived, I will hope there remains a market at least sufficient to support the undeniable geniuses of the world.


There probably will; though the definition of genius may vary. Amanda Palmer, who I don't consider any sort of genius, made a million bucks by rattling a tin cup on the internet. Any 'revolution' in the way we consume music is going to have to come with the understanding that almost anyone can get a recording of what you make for free, and will probably listen to it in a manner that will make you shudder (over laptop speakers from a youtube stream, over earbuds in a poor mp3 rip, etc). The notion that people will pay for high quality, or some tangible format, or something like that is wrong-- outside of a small group of nerds, no one cares. Maybe that small group of nerds can sustain you, but they are fickle. 

'Getting music out there' is very easy to do. Getting people to pay for it is only going to get harder. You can ask nicely for money for your recorded music, but that horse got out of the barn years ago, and is probably married and living in a different state.

On Wed, Jan 30, 2013 at 7:16 AM, mark francombe <mark@markfrancombe.com> wrote:


The record companies before, at least came from a standpoint of loving music, now the music business is being strangled by the distributors (Apple, Spotify etc) Its of course ther own fault for not jumping in quick and building their own online music services, and spent too much time stamping on Napster instead... Now the CEO of Napster is a Board member of Spotify and hes considered a legit businessman... Go figure!

Nope. Record companies have always been in the business to make money (even Dischord, or whatever your favorite punk rock label is; they at least want to cover their own expenses, which involves selling things for cash). They got better at it over time (pop music is now largely a series of formulas, with as many as 8 songwriters working on something). The basic, original business model of record companies relied on them controlling distribution. When people figured out how to (re)distribute it themselves, they decided it wasn't worth as much as the record companies were charging. When it became easy to get for free, they decided it was free. 

T