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Two indications that the majors have really lost the plot...
TOPIC: Two indications that the majors have really lost the plot...
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Re:Two indications that the majors have really lost the plot... 18 Years, 2 Months ago
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Fragmentation means MORE opportunities to reach people.
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Yes. But each one of this different markets is much smaller than the "mainstream" (aka the songs that got into the Top 30) used to be.
So to be succesful labels have to
a) adjust their costs,
b) produce different products for these different markets.
This is something the majors can not do, so there is a chance for small labels / producers.
[quote]Some won't but then it was ever thus, some people simply listened to the radio, some people would tape music. Code: |
The industry made most of the money with two core audiences:
a) the heavy buyers: They bought the singles / albums on vinyl, the cd, the cd with the bonus tracks, the remastered cd with the "original" sound etc.
b) teenagers: Today teenagers buy iPods, mobil phones, computers. They even used to buy ringtones. But they don't buy music.
There will (always?) be a market for a physical music product (CD), but I don't think that there will be a market for downloads in 3 to 5 years. At least not at current prices.
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Re:Two indications that the majors have really lost the plot... 18 Years, 2 Months ago
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The problem with your predicted model, KZ, is that it assumes ARTISTES are important.
But the vast majority of GREAT hits are by non artistes or one hit wonders.
That's what I specialise in - Who Let The Dogs Out? I Get Knocked Down But I Get Up Again. No Tomorrow. Johnny Reggae. It's Good News Week...
That's why I made hits under pseudonyms. Nobody, quite rightly, ever wanted to see JK perform or buy a JK T-Shirt.
But millions loved Loop di Love, The Sun Has Got His Hat On, It Only Takes A Minute, Una Paloma Blanca...
Hearing and loving (and buying) is a million miles from wanting to see - and pay for - a performance or get merchandise.
The real music fans DON'T want posters. They want music.
Yes, real hits will still make a lot out of sync rights, commercials etc... but not enough to pay the overheads of giant corporations.
Which is why "the majors" keep trying to make "artistes" out of one hit wonders - and lose a bucket load as a result.
I'll bet ORSON is well in the red for Mercury UK - where No Tomorrow would have been hugely profitable as a one off hit smash.
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