Posts tagged industry

Can data geeks save the record labels? | Media Network | guardian.co.uk

He believes that the future of the music industry is bright, but only once the labels get over their obsession with selling “bits of plastic” for £10 or more.

Gerd adds: I think it’s beyond repair , frankly ;)

Spotify - rewriting the music business ?

according to internal Spotify data, after an initial burst of interest that resembles the pattern for sales of music, a funny thing happens. Songs in the company’s catalog are played again and again, with no diminution in popularity. The reason is simple: people are building playlists. It’s as if an artist were paid every time one of their fans dropped a needle on their record…”

Gerd comments: I love Spotify and certainly hope they can indeed change the way the music industry work - all it will take is approximately $3 billion in VC money ;)