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This page contains all of the posts and discussion on MemeStreams referencing the following web page: The Music Industry: Further Reading. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

The Music Industry: Further Reading
by noteworthy at 9:39 am EDT, Sep 2, 2007

Rick Rubin says that the future of the industry is a subscription model.

After you've finished reading the Rick Rubin profile, consider the following from the invaluable Memestreams archive:

Larry Lessig asserts that over time, more and more people will opt to pay for music subscription services.

Steve Jobs: "We told the record companies the music subscription services they were pushing were going to fail. People don't want to buy their music as a subscription."

It's all part of the deal. Think of it as built-in obsolescence ...

Steve Jobs is almost religiously opposed to [the subscription] model.

Steve Jobs is dead wrong about subscription based services. There is a real business there.

Apple has made a very serious strategic error here that will not only undue their present leadership role in this space, but which damages the investments that their customers have made.

If you can get to the point where a lot of people are listening to your music without really needing lots of capital, the question is whether you'll need the music industry when you get there.

2007 has seen the two lowest-selling No. 1 albums since data began being kept.

Whenever I talk to a band who are about to sign with a major label, I always end up thinking of them in a particular context. I imagine a trench, about four feet wide and five feet deep, maybe sixty yards long ...

Real's Rhapsody music service is now available as a web service. So those of you who have been avoiding it no longer have an excuse!

The problem is that Steve Jobs ignores the music-as-service model ...

There is simply no good reason why you should ever walk out of Tower Records empty handed because the clerk said, "we don't have that in stock, but we could order it for you and have it here in seven to ten business days."

There is a world of difference between subscribing to XM or Sirius and subscribing to Rhapsody.

Real hopes that exposing consumers to digital music though the relatively familiar pay-per-song model will ultimately whet appetites for the all-you-can-eat model of its $10 per month Rhapsody service.

Fortune: Rhapsody, not iTunes, in my opinion, is the future of music.

In terms of value proposition, there can be no comparison; Rhapsody comes out leaps and bounds ahead.

Rhapsody is a pretty sweet offering.

The flat-fee system elicits two responses: more frequent renting, and more adventurous renting.

I imagine it'll grow on others, too.

It has become a radically virtual medium, an art without a face.


 
 
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