We Don’t Need No Steenkeeng Record Companies
First Radiohead; now Nine Inch Nails. This makes two popular bands whose latest CDs were released online. They’ve completely bypassed the recording industry. There's nowhere else for this trend to go but UP.
Another dinosaur is slooowly losing its grip. And it couldn’t happen to a nicer bunch of douchebags. The world is full of meanspirited amoral industries, but when it comes to taking a shit on the general public, the Recording Industry Association of America stands head and shoulders above the rest.
As you know, the RIAA has sued thousands of individuals. For the heinous crime of downloading music for free, they're often sued for hundreds of thousands of dollars each. OK, so it’s wrong. But a $200,000 fine?
On top of that, the RIAA has virtually strangled Internet radio. Sky-high royalty fees — for which the RIAA is responsible — have forced a lot of webcasters to close down. Their new fees (retroactive to 2006) are proportionally much higher than those paid by large commercial broadcasters. It was nice while it lasted.
Record companies have also been catching it from Big Box retailers. Because CD sales have gone way down lately, Target and WalMart (among others) are setting aside less shelf space for CDs. And as fewer CDs are available in stores, the public will buy fewer CDs, stores will set aside even less space for CDs, and the cycle continues…
Personally, I probably won't make use of these online CDs. I've never downloaded anything (but I listen to music on YouTube a lot). I’m one of those Luddites who has to have a solid physical
But as people buy fewer CDs and get more music online, the RIAA will ultimately go the way of the covered wagon repairman. It can't happen soon enough.
cross-posted at Bring It On!