Quote:
Originally Posted by 4ziggy
In America, the highest wage earning band per year (consistently) was The Grateful Dead when Jerry Garcia walked the Earth.
This wasn't from record company revenues. And if you asked any of those hippies nicely, you can get a recording of the Grateful Dead's last show. So how did they earn all this money?
...from playing live shows. It took years (similar to Pearl Jam) to gather the crowds. But their music became a lifestyle where the fans lived on the road. It is the NOMAD way of life.
I think digital music is damaging to the Recording Industry because it enforces a sort of quality assurance. The days of one hit wonders is over, there will be no capitalizing of the $15-20 CD.
I do believe a band should get a fraction of the money from downloaded music, but why should we pay .99 cents per song? What if the song is an interlude or prequal to the next song? We are paying more than the CD without the marketed packaging.
...final thought, where would the recording industry be if they had a similar business plan to allofmp3? It would make like businesses non-existent and people would utilize the services instead of borrowing your friends hard drive. I much rather choose my bitrate than to take the time and effort to copy someone elses collection. And encrypted music does nothing good for the consumer; the catch 22 of public affairs.
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4ziggy,
You are absolutely right about the Dead, they created good will among
their fans and their fans supported them.They gave their music away.
At every concert there was a area for recorders to capture the moment.
Creating goodwill among the masses is something the recording industry
will never figure out, as long as they are blinded by greed.
When Jerry was alive they were on the top of the Forbes earnings
for musical acts and their record sales were not that high.They were doing
something right ....it was called hard work and good will....
