Monday, June 22, 2009

Spotify

It's funny, I was having a discussion with a friend recently about how the music industry is out of date with it's listeners and needs a new revenue model. The current one is decades old and doesn't benefit many except the record companies and a few large artists.

People want free access to music that they have payed for, and want to pay a reasonable price. We already got ripped off with "indestructable CDs" that you can spread jam on and they still work. Ha! One tiny scratch and they're coasters! Vinyl is much more resilient; and better quality sound. Also, the price is too much. 12-15 quid for CD with 8-10 tracks on it is too expensive unless you're a real fan. To get the real money you have to bring more people in, which means getting people to experiment, but people won't at those prices. 6-8 quid and you're talking.

I've heard about Spotify recently, but there is a lot of buzz on the internet and a lot of things don't really pan out. But I really think this will. This is the new model I was talking about. If you are a casual listener it's great for skimming songs, finding new artists and listening to old stuff that you lost; the catalogue is huge!

Ahhhh.... I'd forgotten just how good Daydream Nation is. Silver Rocket is my favourite.

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