Music 1.0 is dead, apparently

Bring on Music 2.0…

Five hundred members of the music business gathered in New York for the Digital Music Forum East to discuss the exciting new world of digital music. You, know the one that started in about ‘98…

So apparently they’ve realised

  • DRM on purchased music is dead

About time too. It’s still with us though. Best analogy of DRM: locking one door on your car with the best locks available (DRM files), but leaving the other door wide open (CD’s).

  • A utility pricing model or flat-rate fee for music might be the way to go

As long as you can get the tracks onto your ipod, maybe, otherwise why not just use Last.FM?

  • Ad-supported streaming music sites like iMeem are legitimate players

Gawd help us, the Capital FM approach to music. Though is probably slightly less bad than SpiralFrog proposing to add advertising pre-rolls to tracks…

  • Indie music accounts for upwards of 30 percent of music sales

And? Not sure if we’re supposed to be surprised at the lowness or highness of this figure.

  • Napster isn’t losing $70 million per quarter (and is breaking even)

Digital music sales are going up, so that will probably help companies selling digital music. Just a guess…

  • The music business is a bastion of creativity and experimentation

Um – MUSICIANS are a bastion of creativity and experimentation; the industry simply tries to make money off them, and I’m not sure the mainstream is really that interested in ‘creativity’ and ‘experimentation’.
Sorry if I sound a tad cynical, but it’s difficult to forgive a business that has blundered about for the last decade trying to figure out what this ‘internet thingy’ is and how they can best stop people getting music on it.

Still, it seems like they’re getting there slowly, but the majors must be slightly worried that artists, musicians – and the public – are increasingly wondering what the purpose of label (particularly a major) is these days.

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