Facts about the music industry
1. Sales of CD's have decreased since people began burning CD's?
A loss of between 700 million and 1.5 billion dollars worth is the latest
estimate mostly lost by US owned companies.
2. Smaller bands have become less profitable due to the demand for access to
their free mp3s. Small bands are struggling more because overall CD sales are
down even at small local shows and small record shops. Most bands must give away
their songs just to get low paying gigs. Most websites that sell indie CD's
report low to nonexistent sales while demand for their free mp3s nearly
overload their website's bandwidth proving free mp3s are not helping to nurture
more new bands trying to break into a very expensive industry.
3. CD manufacturers are making a lot of money off blank CD sales but all other
aspects of the music industry are loosing money; from large record companies,
big record chains, popular musicians no matter how large or small and even indie
record labels, smaller bands, and small mom and pop record stores.
4. Many businesses such as Napster and mp3.com are opening to supply music to
the buying public legitimately. They are now a legitimate business selling
licensed products. They are now selling songs for from 88 to 99 cents per song
for a single person to use thus legitimizing the business. This has not however
revitalized the industry as many have hoped and many users continue to download
and burn CD's illegally.
This leads me to wonder If people can get away with burning CD's and illegally
downloading has it contributed collaterally to the decay of our values making
people crave more things for which they haven't paid? Also now that people seem
to expect things like music for free is its quality and value lessened for all
of us because of it? I'd love to hear what you think about this subject. Let me
know at
tmoss@silver-dragon-records.com
Terry Moss (A&R Dept - Silver Dragon Records)
SDR Home
- Next Page
Thank you for checking out Houston Texas clubs, bands, nightlife, entertainment,
and music news, here at Punk Brady Style and enjoy the above links.
