Cover story: 'Off the record' by Robert Sandall | Prospect Magazine August 2007 issue 137: "There is a story doing the rounds in the US that says a lot about the state of the music business. It concerns a young rock band who decided to stop selling their CDs at concerts. Selling CDs has, for many years, been a good way for an act to reclaim the margin that would otherwise have been snaffled by a retailer. But it made no sense to this band once they discovered that by selling CDs for $10 they were cannibalising sales of their $20 T-shirts.
There are two points to note here. First, that a simple garment with a logo stamped across it, probably manufactured for pennies in a third-world sweatshop, now costs twice as much as an album of digitally pristine, highly wrought music recorded in a state of the art western studio. Second, most bands, however successful, now make their money from live work and the merchandising opportunities that go with it, rather than from recordings."
Saturday, August 04, 2007
This is really interesting. I have said for several years that when the RIAA shut down Napster, they actually shut themselves down... but were just to Effing Stooopid to know it. I hate to see I was right. Personally buy very little music these days... Internet radio, XM, and the new HD Radio gives me most of what I need. And I love music. So the design of the shirt trumps the sale of the CD... dang. Read the whole thing.