Rob Sheridan, a designer who's worked in the music industry, has posted a 6,000-word diatribe bemoaning the shutdown of file-trading network Oink and predicting (and encouraging) the death of the major-label system. It's an entertaining read, and should be required for Guy Hands and anybody else in the executive offices of the major labels. And he's not the only one who's predicting the death of the label system.
I'm currently reading a fascinating book, The World Without Us, which imagines what the world would be like if humans suddenly disappeared. So here's my thought experiment: what if we woke up tomorrow to headlines that all four majors had decided to get out of the music business and had freed the artists from their contracts? What would the business of music look like? ... Read more
Yesterday, the New York Times ran an article about Imeem, pegged to the news that this fledgling site has signed a third major label, EMI, leaving only Universal in the "not yet" column. The service is getting credit for trying to pioneer a new business model for digital music distribution: users can select songs and stream them for free, as long as they're willing to sit through the occasional advertisement.
I registered and fired the service up, and while I'm not ready to call ad-supported music DOA, Imeem isn't about to unseat the current digital music leaders. The main problem: I don't know what I'm supposed to be doing on the site.
... Read more
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