Posted on: November 28, 2005 in Technology, Music
The recording industry is not the music industry.
Recently, I’ve been doing some thinking about how our relationship with music might change in the coming years. After reading the book “The Future of Music” (which any self respecting music geek should read), one thing has become clear. While the mainstream ‘recording industry’ is looking like it’s pretty screwed, the ‘music industry’ has never been better.
This is a very different story then the major labels would have you believe, but at no time in history has there been such a large and active community of music listeners. I think the fact that a large amount of music that is listened to is acquired for free (through bittorrent or other means) is largely irrelevant. New business models will emerge. Artists will make money. Music, as always, will be created.
Making a distinction between the ‘recording industry’, and the more general ‘music industry’ is a crucial when looking at the hype and statistics floating around.
November 29th, 2005 at 1:33 pm
Here is an interview on ITC with the authors of the book “the future of music”. A good listen!
http://itconversations.com/shows/detail444.html
December 16th, 2005 at 1:19 am
Awesome book. I think this is a distinction often overlooked. Make way for the future!