
(l) Capitol Building L.A. — (r) Jay Z & Rick Rubun – Why so glum guys?.
So my buddy Justin Kistner who runs the Metafluence blog has posed some questions regarding the ‘Future of Music‘. As he rightly puts it – “While the profit models of the music world are in a frightful transition, the listener demand for music is stronger than ever. Music is still a cornerstone of an individuals identity. And, more people have more music than they ever have owned before.” He then asks – “Which brings me to my question to all of you, what do you think the future of music is? Some thoughts to consider:
a: Is the recording model still valid? If so, is it the bands that will be doing the recording and distribution?
b: If the money isn’t in a recording model, then what will the model of the future be?”
Readers of this blog know by now my position on the collapse of the existing system; in a nutshell the recording industry brought everything upon themselves because of their reluctance to embrace the new technologies that their customers had already embraced. Always give your customers what they want.
I wrote about this 18 months ago – The Broken Music Distribution System. And here’s another great article Rick Rubun tries to save Columbia Records, Rubin has some great insights in this piece – worth a read.
PDX Pipeline readers what do you have to say? There have been some great comments on this post here too.
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September 16, 2007 at 5:28 pm
So Rick Rubin didn’t pass muster with the NYT readers – Here we go..the New York Times readers write – it’s backlash time..they know what they want. Read the letters