Article:
  Network Effects: Stan Liebowitz and the MP3 Debate
Subject:   Other factors
Date:   2003-07-23 06:03:18
From:   anonymous2
As someone who worked in music retail up until the 'break point', I can say that there are plenty of other factors that came to play, such as: retail pricing and MSRPs - margins on CDs just weren't as profitable as other mall stores' commodities, and the chains died or got consolidated. Warehouse retailers undercut prices and drove away sales, shutting down retail options to buy. And when you can get product A for $5 cheaper, why not? The warehouse buying experience is dismal, but is becoming the only option for live purchases. Once retail options waned, people went online to buy - and when they went online, and saw it for free, well, the choice was easy at that point. Still the same product, still instant gratification - all the things the consumers want.
That's not the labels' only crime, though: their lack of commitment to artists has truly created a decline in fresh, interesting music. I think that there have been about three CDs I've wanted to buy in the past four years; compare that to the dozens I used to buy yearly.
Ultimately, music is a product, and should be treated as such. If people don't want your product, you either make a better product, offer something extra, or otherwise market it differently. The music industry thinks it doesn't need to, that witch hunts are a better idea. Is this the Bill Gates School of Business or what?
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Showing messages 1 through 3 of 3.

  • We ought to have VCR's outlawed...
    2003-09-14 19:00:57  anonymous2 [View]

    Maybe the movie biz should be up in arms and suing people who record movies and tv shows...LMAO
    VCR's should be banner in american homes cause someone might record something with a copyright.(again LMAO)
    They should find a way to hack cable systems so they can sue users for recording movies...people recording movies is "killing" the movie industry.

    hmm,
    Music companies should be happy with the profits from concert tix and t-shirts.as many movies as i still buy minus those i record has not been something that movie co's have been affected by.

    I think suing your fans is the wrong way to go,he music industry is thinking extremely short term-notlong term.

    I feel for them as far as "the fear factor" that they might lose a little vacation pay..but by no means will they be going hungry.

    I myself have downloaded CD's of live concerts that are not available on CD,nd I have purchased what is available on CD.I feel that they should start a P2P for live concerts for people to download for a reasonable fee with a quality rating beside it.(i have downloaded quality and shitty concerts)

    I think they are over reacting (Look what happened with the VCR in the early 80's)but i can understand anyone trying to protect what they feel is rightfully their's all i am saying is this mirrors the origin of the VCR and the movie industry so far is totally unaffected.

    Once again i am bummed that i can no longer download concerts that are unavailable on CDIwish someone would look into this and make these recordings available seeing as how most are much better than store bought CD's.
    • We ought to have VCR's outlawed...
      2003-10-05 20:49:49  anonymous2 [View]

      I remember watching The Foo Fighters interviews live on our music channel "MuchMusic" up here in Canada a year or so ago....and lead singer Dave Grohl said something to the affect that the halabaloo over music is the same as the halabaloo over the blank cassette when they first came out.

      He said something like in response to the "home taping is killing the music business" bumper stickers, someone came out with great "home-f**king is killing the prostitution business" bumper stickers.

      :o)
    • We ought to have VCR's outlawed...
      2003-09-15 14:36:32  anonymous2 [View]

      Thats right and what about tape recorders, you could record whatever you wanted when you wanted,and even record an entire album over the radio, or copy from one tape to another(as long as your not selling them)I dont have a cd burner so I cant be burning cds.but you can be sued just for downloading your favorite songs. thats b--- s---!!!