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Paul,
Interesting, but naaaah. As far as first run, new hits are concerned,
there will always, I believe, be something
to
hold in your hand. Most consumers still want that. In fact, the price on that
first run item may well go up, as
they
will be produced in more limited runs and people will be aware of that, and pay
accordingly.
But in
terms of activating back catalogue for digital download, this could prove a
bonanza. Things that would be too
costly
to re-issue in the regular retail stream will become part and parcel of digital
distribution. Over time we can
expect
to see many things come back to us we thought never would, and at price
like 99 cents who could resist?
It may
help to fill the void, also, left by the premature death of the 45 rpm single,
never replaced adeqautely by CDs.
The
other side of that coin being that now they'll REALLY be screaming when the
tape is not in the vault, or is
unplayable. Hey- I swear I had nothing to do with
it...
David N. Lewis
Assistant
Classical Editor
All Media Guide
301 E. Liberty Suite 400
Ann Arbor, MI
48104
davlew@xxxxxxxxxxxx
Here is an interesting thought. Will streaming as indicated here
make produced/manufacturered recordings obsolete...perhaps similar to what the
digital camera may be doing to the photo film industry (if cameras become
cheap enough?).
RECORD INDUSTRY CHANGING TUNE ON INTERNET Listen.com added the music
library of Universal Music Group to it's streaming-music catalog making it
the only subscription service to include music from the five major record
labels. Another deal signaling a change in the record industry's acceptance
of the online music industry was between FullAudio and Warner Music. The
deal allows consumers to purchase any of 25,000 tracks and burn them to CD
for 99 cents. Phil Leigh, vice president of equity research for Raymond
James & Associates said, "We've seen a really seismic shift in the
record label industry." Chris Gladwin, CEO of Full Audio agrees, "The music
industry is taking steps to really make digital distribution happen in the
right way. This is like the beginning of the music industry at large
embracing digital music and saying this is a part of my
future..." [SOURCE: San Jose Mercury News. AUTHOR: Dawn C.
Chmielewski] ( http://www.siliconvalley.com/mld/siliconvalley/news/3578189.htm) (c)
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