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Gepostet vor 10 Jahren, 1 Monat in #Misc #Copyright #Music-Industry

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Und wenn RollingStone.com irgendwann wieder erreichbar ist, dann werde ich diesen Artikel dreimal hintereinander verschlingen, dessen Teaser bei Nico mir schon das Wasser im Munde zusammenlaufen l?sst:

The record business is over, says music attorney Peter Paterno, who represents Metallica and Dr. Dre. The labels have wonderful assets they just cant make any money off them. One senior music-industry source who requested anonymity went further: Here we have a business thats dying. There wont be any major labels pretty soon.

Mit ein wenig Geduld geht's dann doch:

So who killed the record industry as we knew it? "The record companies have created this situation themselves," says Simon Wright, CEO of Virgin Entertainment Group, which operates Virgin Megastores. While there are factors outside of the labels' control -- from the rise of the Internet to the popularity of video games and DVDs -- many in the industry see the last seven years as a series of botched opportunities. And among the biggest, they say, was the labels' failure to address online piracy at the beginning by making peace with the first file-sharing service, Napster. "They left billions and billions of dollars on the table by suing Napster -- that was the moment that the labels killed themselves," says Jeff Kwatinetz, CEO of management company the Firm. "The record business had an unbelievable opportunity there. They were all using the same service. It was as if everybody was listening to the same radio station. Then Napster shut down, and all those 30 or 40 million people went to other [file-sharing services]."

...

Despite the industry's woes, people are listening to at least as much music as ever. Consumers have bought more than 100 million iPods since their November 2001 introduction, and the touring business is thriving, earning a record $437 million last year. And according to research organization NPD Group, listenership to recorded music -- whether from CDs, downloads, video games, satellite radio, terrestrial radio, online streams or other sources -- has increased since 2002. The problem the business faces is how to turn that interest into money. "How is it that the people that make the product of music are going bankrupt, while the use of the product is skyrocketing?" asks the Firm's Kwatinetz. "The model is wrong."

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