Saturday 24 September 2005 - Filed under Journal
Music execs continue to show how they just don’t seem to think straight. Warner Music Group CEO Edgar Bronfman Jr. said:
“We are selling our songs through iPod, but we don’t have a share of iPod’s revenue,” he said. “We want to share in those revenue streams. We have to get out of the mindset that our content has promotional value only.”
Hello? Anyone home? Music companies deserve an exact percentage of 0% for the sale of freaking iPods and other music players. I almost never play big-label music on my iPod. This is just like when they wanted (and got, I believe) a share in all cassette sales. The presumption that cassettes or iPods are used exclusively or even mainly for duplicating big-label music is absurd. Dumbass, you sell MUSIC. People have been and will continue to be willing to pay for MUSIC. Rather than try to eat everyone else’s lunch, why don’t use idiots focus on how to sell MUSIC in the networked age? You don’t own my radio, my CD player, my phonograph or my MP3 player. Get used to it.
2005-09-24 » lolife