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Music Media

Would You Pay 5 Cents For a Song? 905

irikar writes "An academic at McGill University has a simple plan to stop the plague of unauthorized music downloads on the Internet. But it entails changing the entire music industry as we know it, and Apple Computers, which may have the power to make the change, is listening."
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Would You Pay 5 Cents For a Song?

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  • Death of the CD (Score:5, Interesting)

    by bje2 ( 533276 ) * on Wednesday March 09, 2005 @12:42PM (#11889531)
    Yet, Pearlman went further. He said that since this plan puts the onus on a massive Internet presence to distribute all the music in the world, why not have such computer companies as Apple and such major Internet companies as Yahoo simply buy up the world's four major record labels? Pearlman was careful to add, though, that he doesn't see his plan killing off demand for CDs.
    while the plan may be good, i have to disagree with the last part...this would (in my opinion) surely kill off the demand for CDs...right now, iTunes isn't killing the demand, becuase it's roughly equivalent to download 15 songs for $0.99 per song, or pay $15 for the CD...however, if i could download 15 songs for only $0.75, so why should i ever buy a CD again?
  • Oh, right! (Score:3, Interesting)

    by greg_barton ( 5551 ) * <greg_barton@yaho ... m minus math_god> on Wednesday March 09, 2005 @12:43PM (#11889562) Homepage Journal
    From the article:

    Richard Pfohl, general council for the Canadian Recording Industry Association, refuted Pearlman on numerous points at the conference forum, arguing that the plan would violate every international intellectual property law that Canada has signed in the last 100 years. It would also obliterate musicians' choices on how their music could be sold by conscripting them into a 5-cents-a-song system.

    Oh, right! Like they have a "choice" now with the labels? Have you seen the frikkin' contracts you've got to sign to get on with a major label? You sell your arm, leg, and any potential children's arms and legs. Give me a break!
  • by Cerberus911 ( 834576 ) on Wednesday March 09, 2005 @12:43PM (#11889568)
    Seems like a very far-fetched idea that the computer giants could buy the four major music labels. Would they even have enough money to do that?
  • by yagu ( 721525 ) <{yayagu} {at} {gmail.com}> on Wednesday March 09, 2005 @12:45PM (#11889606) Journal

    When first reading the article, my instinct was to not go along with the notion charging for downloaded music, even only $.05 a song. Especially with DRM, etc., always on the sideline poised to come in and wrap you around the axle anytime to you try to play the song (in the proper spirit of fair use)... (I'm STILL upset about one of my recent CD's purchased not playing on my car CD player.... took it in, they would only exchange it... and, sure enough, the exchanged CD failed to play in exactly the same places in exactly the same way... had to demo this to the store personnel before they would agree to a refund.)

    But, maybe they have something there... certainly when: "..., The recording industry is against Pearlman's plan. ..., ", I've got to think it may be something that could work.

  • my $.05 (Score:3, Interesting)

    by to_kallon ( 778547 ) on Wednesday March 09, 2005 @12:46PM (#11889614)
    The recording industry is against Pearlman's plan.
    hrmmm....what a shock! the music industry not willing to adopt change?? surely not!
    seriously, this sounds like a decent proposal, although i highly doubt it will make a significant change (free is less than $.05), but let's face it, will probably never happen. apple can listen all they want, and that's great, but the recording industry will never go along with it. the best idea i found in that article is "why not have such computer companies as Apple and such major Internet companies as Yahoo simply buy up the world's four major record labels?" now *there's* the kind of change that needs to take place.
  • by FunWithHeadlines ( 644929 ) on Wednesday March 09, 2005 @12:47PM (#11889630) Homepage
    OK, so his proposal is to drop the price of a song online from .99 to .05, and then supplement it with a 1% tax on ISP charges and computer purchases on the assumption that users of those service and equipment are the ones doing all the music downloading. I don't think the 1% tax will go down too well, although in Canada they already have such a tax on CDs and tapes. So I suppose people could adjust to the idea of paying $30.30 a month for an ISP instead of $30.

    But the quotes at the end are hilarious!

    "The recording industry is against Pearlman's plan. Richard Pfohl, general council for the Canadian Recording Industry Association, refuted Pearlman on numerous points at the conference forum, arguing that the plan would violate every international intellectual property law that Canada has signed in the last 100 years. [SO CHANGE THE LAWS!] It would also obliterate musicians' choices on how their music could be sold by conscripting them into a 5-cents-a-song system. [OR THEY COULD JUST OPT OUT AND DO THEIR OWN DISTRIBUTION AND CHARGE WHAT THEY WANT] And it would destroy record companies' incentive to invest in new acts, Pfohl said. [WHY, BECAUSE IT WOULD BRING IN HUNDREDS OF MILLIONS OF DOLLARS IN REVENUE?]

    Pearlman said that Pfohl misunderstood the idea. [DUH!] Then again, another record-industry type, casually speaking to Pearlman after the talk, had perhaps the most succinct counter suggestion. Why not charge 10 cents, instead of 5, and double the revenue?"

    ROFL! Don't you just know that will be the endless series of suggestions they will make. "Hey, look at how much money is coming in! Let's double again to 20 cents and get lots more moola!"

  • by Anonymous Coward on Wednesday March 09, 2005 @12:48PM (#11889649)
    You are totally missing the point. The reason they would charge only 5 cents is to get MILLIONS of more customers to buy songs. If they charged 10 cents or 50 cents or 99 cents, as you put it, then these customers would not jump aboard, killing the whole theory. They have to charge a small amount to make the switch from Kazaa to a legit service more tempting.
  • by iainl ( 136759 ) on Wednesday March 09, 2005 @12:51PM (#11889681)
    If the choice is between buying them from iTunes at the current cost, and paying a mere $0.05 but having to pay a subsidy on every. fecking. piece. of. hardware. ever. then I'll stick with the $0.99 please.

    I've bought a total of 1(one) song through iTunes, because it was an import-only single that was going to cost me about ten times that for the physical version (DJ Shadow's Keane remix, fact fans). At even a 1% tax rate, I can tell you now I've bought a shitload more than $94 worth of hardware over the years.
  • by geekoid ( 135745 ) <dadinportland&yahoo,com> on Wednesday March 09, 2005 @12:52PM (#11889694) Homepage Journal
    "Pearlman said that Pfohl misunderstood the idea. Then again, another record-industry type, casually speaking to Pearlman after the talk, had perhaps the most succinct counter suggestion. Why not charge 10 cents, instead of 5, and double the revenue?

    Thank you so very much for proving my point."

    it doesn't not prove your point, it mearly states that it is a counter point, to which I say the market would decide. The market will drive the price down, if that price is below cost, the business will cease. Unless it's a value add. I could see the portable music marketing heating up where you get a full music catalog when you buy a player. Much like the U2 edition iPod.

    I think you should know, AShly simpson is an 'entertainer' not a musician. No, I don't personaly find her entertaining. PIF, most people don't. I used to think I was just out of touch with the music scene. I've been talking to be in the industry recently and it turns out a lot of these names everyone heres about don't sell many tickets. Most people in one of there concerts are people in the industry that are there to be seen.
    wierd.
  • Comment removed (Score:5, Interesting)

    by account_deleted ( 4530225 ) on Wednesday March 09, 2005 @12:56PM (#11889750)
    Comment removed based on user account deletion
  • by Anonymous Coward on Wednesday March 09, 2005 @01:01PM (#11889805)
    Why would you think that they have taken Econ 101?

    Most of the managers in charge in the music business are ex-musicans, drop-outs and marketing/PR-people. And some of the worst MBA folks.
    I think it's impossible to find any other semi-legal industry with lower skill level. For the last 25+ years the music/media business has cultivated bad management. Why would any sane MBA or other graduate join the music business when they could get a much better job in ANY other industry?

  • by buckhead_buddy ( 186384 ) on Wednesday March 09, 2005 @01:04PM (#11889865)
    Personally, I use the iTunes store to listen to those thirty second previews of songs far more than I download music. I have a quirky set of tastes where I'll often want to find just the right version of a song. For example, after seeing the end of the Dead Like Me pilot and wanting to find that version of Que Sera, Sera that was played in a minor key toward the end, I found the iTunes music store's preview function invaluable.

    I heard many, many different variations. And most of them were sung in the style of Doris Day's version (giddy and happy and making me want to slap the singer). There were some versions that came close, but I couldn't decide whether that was what I wanted or not. Ultimately at the $1 price per song I didn't download any of my "candidates" since I didn't hear enough to convince me before the sale that that was the type I was looking for. Had the price been $0.05 per song I probably would have downloaded most of the candidates and not given the price much thought.

    While this wouldn't help sell the big name artists at all, it would get the casual music listener like me. Whether there are enough of my type around is a completely different question and one that I can't begin to answer.

    (As an aside, I never found the right version of Que Sera, Sera and in general that isn't the type of music I listen to. Just something that struck a nerve at that particular moment.)

  • by big-giant-head ( 148077 ) on Wednesday March 09, 2005 @01:05PM (#11889877)
    They get like maybe 1$ per cd. They've always made money from touring. The rule has been the record companies get the money from the sales and the artist gets the money from touring.

    Now the greedy record companies want a piece of artists touring money as well. The folks killing music right now are the record labels not the downloaders.

    This is a great idea, a band could pay thier own studio costs, put the music directly up for download and then who needs the record companies??
    I don't mind right now paying $.88 a song, I do have a problem that very little of that actully goes to the musicans.

    People need to face the facts record labels are as relevent in the digital age as say manufacturers of long bows, chain maille armour and broadswords.

    The people I'm referring to are of course the folks working at the record label. In this age of oursourceing, downsizing and cost cutting there is no room left for record labels that suck up 90% of the cash from music sales and then complain that they don't get enough.

  • Apple's Strategy (Score:3, Interesting)

    by hugesmile ( 587771 ) on Wednesday March 09, 2005 @01:19PM (#11890045)
    If someone at Apple actually believes that the 5-cent model will work, then Apple should go buy a few RIAA companies [riaa.com] and give it a try.

    If it works, then they could probably corner the music market. If not, well then it'd only be the death of a few RIAA members - no big loss...

  • by shark72 ( 702619 ) on Wednesday March 09, 2005 @01:24PM (#11890139)

    " 'artists' like Lipsychson making millions. Record company execs making...millions. IT pros making...a lot less than that. Now ask yourself who can 'suck it up' the most of those groups."

    Bad analogy. The executives at Apple (or whomever is paying the IT guys) make millions -- the executives in any large industry make quite a bit of money. The vast majorify of people who work in the record industry (including the "executives" at some indie labels I've met), just as the vast majority of people who work in the IT field, work paycheck-to-paycheck.

    Likewise, the vast majority of artists do not earn a handsome living from their craft. "Let's help ourselves to music for free" goes down a lot smoother if you believe that everybody who contributed to the music is a millionaire, but it's simply not true.

    I hope this wasn't a surprise to you.

  • by nagora ( 177841 ) on Wednesday March 09, 2005 @01:33PM (#11890303)
    Unless their bean-counters have taken Econ 101 and know the most basic things about supply and demand.

    However, in Econ 301 they learned that running a cartel to fix prices is the best system of all, so that's what they did. Supply and demand have nothing to do with the record industry's prices.

    TWW

  • Re:Death of the CD (Score:2, Interesting)

    by chriseh ( 220654 ) on Wednesday March 09, 2005 @01:42PM (#11890456) Homepage
    this would (in my opinion) surely kill off the demand for CDs...right now, iTunes isn't killing the demand, becuase it's roughly equivalent to download 15 songs for $0.99 per song, or pay $15 for the CD...however, if i could download 15 songs for only $0.75, so why should i ever buy a CD again?

    Yes, why would you want to buy 25 year old technology for more than it cost 20 years ago?

    As a small indy label owner, I would love to see the price of CD's dropped. The crazy thing is that *we* have to raise our prices to something that we don't feel comfortable with because if we don't, people think our product is high quality. The impression is If an industry monopolist CD cost $20, and you want to sell yours for under $10, then yours must have been made cheaply ergo not of high quality which is absurd. I would proudly compare any of our CDs to any RIAA recording any day.
  • by Anonymous Coward on Wednesday March 09, 2005 @01:46PM (#11890509)
    This isn't the late 90's, bandwidth is cheap and fractions of a cent per MB. Just for reference, look at the big usenet providers. They probably transfer at least 10-20TB daily, have storage of 100-200TB and they sell accounts for $10/month or unlimited access for about $20/month. Using economy of scale and averages of downloads across all users and I'd think the price would even be cheaper for a dedicated music service company. I download about 10-15GB month @ about 3500kbit/sec for my $12 usenet account. If I was using that same limit from iTMS, that would be about 3800 songs a month which think would be well above what the average person buys per month now.
  • by Anonymous Coward on Wednesday March 09, 2005 @01:49PM (#11890550)
    Getting music is only "free" if your time and effort are worthless

    You've obviously never used P2P have you? Sure, if you are looking for something specific then it can be time consuming but I just make it a habbit to check the torrents from time to time and download what I like. Downloading takes place in the background.

    Last time I was looking for a cd I did a quick search for a torrent and found it in about 5 minutes. Downloaded the cd in the background and before I knew it it was done. Sure it took a while to download but I was doing other things on the computer so it didn't matter to me. Free is free, $0.99 is $0.99 no matter how you look at it. I have 10,561 songs which would have cost me $10,455.39 at $0.99/song. At $0.05/song it's only $528.05.

    Sure, I've bought a few songs from iTunes but I'm still gonna download the ones that are easy to find. I think at 5 cents a song it would have an effect like you are talking about where there are fewer songs available illegally.
  • by ZephyrXero ( 750822 ) <.moc.oohay. .ta. .orexryhpez.> on Wednesday March 09, 2005 @01:57PM (#11890672) Homepage Journal
    Your argument pretty much justifies the things that I have been saying for years. Most bands don't make hardly any money off CD sales in the first place, they make their money through live shows and merch. So, I never understood why all these big bands/performers [metallica.com] complained so much about us downloading their songs...

    But, then you also have to take into consideration musicians who only produce studio work and never play live. There are quite a few people, especially in electronica, who only record music and never set foot on a stage.

    I say a mixture is in order. Release all your songs online in a lossy format, with a slightly sub par bitrate, and allow them to be distributed freely (96k mp3 or even better, a Q0(~64k) Ogg [vorbis.com]). Then charge people for the "full quality" CDs or Lossless (FLAC,etc) files. I wouldn't mind paying $1 for each song if I got to download a "decent", full length version of it for free and try it out for a while first. And of course, no DRM encumbered formats would be used ;) I always "try before I buy" with my music these days. If you make good music, you have nothing to lose. If you are a no talent, one hit wonder pop star, then you don't deserve to be in the music industry in the first place. My current favorite band, Celldweller [celldweller.com], has no record label and distributes the majority of their music from the web [cdbaby.com].
  • Re:No, no and no! (Score:5, Interesting)

    by pg110404 ( 836120 ) on Wednesday March 09, 2005 @02:06PM (#11890825)
    Canada just recinded a 3 or 4 year old blank cd media tax.

    Up here, lobbyists pressured the gov't to tax blank CD media which would then be handed over to the music industry. Their reason: people will steal music no matter what, so let's just obfuscate the the music industry's perceived profits by making people pay for it one way or another.

    A few years back ontario deregulated the hydro and within the first year, some people were paying 50 cents per kilowatthour (average is about 6 cents) and their hydro bills were astronomical at the peak of the summer. Later, the ontario gov't put a cap of 4.7 cents but the balance was paid for by our taxes. It was a kick in the balls and a pat on the head move and is not going to be the last.

    Whatever happened to the days where companies stood or fell on their own terms, and not propped up by the handouts of some third party such as the gov't?

    As a democracy, I say we all rise up and quell any further stupid shit that spews forth from our parliament/congress/whatever. I say we bring back the gillotine.
  • by RevMike ( 632002 ) <revMikeNO@SPAMgmail.com> on Wednesday March 09, 2005 @02:12PM (#11890919) Journal
    I think you should know, AShly simpson is an 'entertainer' not a musician. No, I don't personaly find her entertaining. PIF, most people don't. I used to think I was just out of touch with the music scene. I've been talking to be in the industry recently and it turns out a lot of these names everyone heres about don't sell many tickets. Most people in one of there concerts are people in the industry that are there to be seen.

    My wife and I have been talking about this quite a bit recently. We've been watching "American Idol". Anwar Robinson is clearly the most musically talented person to ever be on that show, but the stuff he does is not what the record companies want to market. This past Monday he got up and sang Louis Armstrong's "Wonderful World". He started out singing like Louis Armstrong, then series of runs as he moved the style into something more reminicent of Sammy Davis Jr., and finally ended the song in a soul style. His talent should win, but he won't fit into the marketing machine of the record companies.

  • Of course (Score:3, Interesting)

    by zpok ( 604055 ) on Wednesday March 09, 2005 @02:19PM (#11891014) Homepage
    Of course I would pay 5 c for a song. For that price you can't even buy a whistle. A guitar costs fortunes, and anyway, my voice sucks big time.

    It's an interesting idea, maybe even applicable to other areas as well.

    I know I'm going to get a lot of "hippie commie shitheat" comments, but it would be a wonderful thing if we could get this money thing behind us. It's a great way to barter, it's so universal one could almost believe it's pre-wired like language, it beats having to kick your neighbour out of the tree to keep your bananas (like our close cousins do...) but after so many thousands of years of social and technical evolution it would be great to find a meaningful way to feed the tribe without all this money and poverty stuff.
  • by Robber Baron ( 112304 ) on Wednesday March 09, 2005 @02:21PM (#11891064) Homepage
    They've been given it away for free for years on the radio. I can go over to my friend's place and listen to his music for free. Plus the whole concept of receiving payment for recordings of music was unheard of, prior to the advent of recording technology. Prior to that, musicians got paid when they played...to an audience. Now the ability to mass replicate digital media across a shared network has rendered the "payment for recordings" model obsolete, which had in turn made obsolete a different model. How does guilt even enter into the picture? There is no guilt. "Guilt" in this instance is an artifical construct of the record industry, trying to stave off obsolescence.
  • by seguso ( 760241 ) on Wednesday March 09, 2005 @02:31PM (#11891188) Homepage
    Let artists be paid in advance, directly by consumers, before releasing their works; and then, after a work has been released, let it be freely copiable and shareable.

    Artists would simply say "I want to be paid X dollars for my new work. Please donate to this paypal account. Each one of you can donate freely, or not donate at all. When, and if, the overall donation reaches X, I will release my work for free".

    The author of Mute (a file sharing application) is doing this.

  • by Jason Ford ( 635431 ) on Wednesday March 09, 2005 @02:42PM (#11891327)
    Please explain to me why that was wrong.

    Simple, because you thought for yourself, instead of relying on the state's definition of right and wrong. Next thing you know, you'll decide that you don't need the government telling you what substances you can put into your body or what constitutes obscenity. What happens when everybody starts thinking for himself or herself, substituting their own judgment for that of career politicians?
  • by Tree131 ( 643930 ) on Wednesday March 09, 2005 @03:28PM (#11891925)
    cheap goods are made for cheap people

    There is a saying that goes something like this:
    I'm not rich enough to buy cheap things.

    Even though cheap goods are made for cheap people, it's a false sense of cheap, because the cheap good will inevitably break, forcing you to buy another one and another one, when for the same amout of money as 2 or 3 cheap goods, you could have bought a more expensive high quality good that would last you a lot longer than 3x lifetime of cheap good.

    I've seen it time and time again, especially with electronics, umbrellas, and of course, digital watches, which, for some reason, seem like a good idea.
  • by Kombat ( 93720 ) <kevin@swanweddingphotography.com> on Wednesday March 09, 2005 @03:40PM (#11892098)
    The music industry is being greedy, not logical when they determine their pricing right now. [T]he price for music is obscenely high. No CD is worth $ 16

    The hair on the back of my neck stands up whenever I hear someone claim that "CDs cost too much." CDs are the cheapest form of entertainment, on a dollar-per-hour-enjoyed basis of anything I can think of. For the price of $12 or $15, you can buy an hour's worth of high-quality (fidelity, if not artistic merit) music and enjoy it over and over, for thousands of hours, as many times as you want. And when you finally get bored with it, you can sell it and recoup some of your money.

    NOTHING else is as cheap. No pro sports, concerts, operas, plays, ballets, movies, dinners, truck shows, car races, or comedy clubs give you anywhere near that many hours of entertainment, for anywhere close that such a low price. Nor can you get any of your money back when you're finished "enjoying" anything I just listed, except for CDs.

    Quit complaining. CDs are cheap.
  • Re:P2P (Score:1, Interesting)

    by Anonymous Coward on Wednesday March 09, 2005 @04:22PM (#11892704)
    Oh, this old chestnut again?

    The word "hypocrite" leads to easy mod points, and requires little thought.

    The reason the GPL is supported is because the terms are reasonable. The are aligned with the dynamics of the medium. I want to copy software and give it to my friends. I don't usually want to claim I wrote it, because that's dishonest.

    The reason the RIAA "license" is not supported, is because it isn't reasonable. I also want to give my friends copies of music. But the RIAA doesn't let me do that.

    On the continuum of "licenses", there's a point where the terms stop being reasonable. A lot of us think that the GPL is worth supporting.

    Why are the RIAA's terms violated almost every day, yet the GPL isn't? Could it be that the GPL is.. different?

    Try thinking a little deeper, okay?

    I'll support copyright licenses that are reasonable. I won't support ones that are UNreasonable.

    I support a speed limit on highways of 65. But I won't support one of 15, it doesn't make sense. Am I hypocrite?

    I support a few years of jail time for stealing a candy bar. But I won't support the death penalty? Hypocrite?

    I like drinking Pepsi. But I don't want to drink 5 gallons of it per day. Am I a hypocrite?

    Just stop and think .. is there something about two things that might make people treat them differently? If so, maybe "hypocrite" isn't the right word.
  • by KillerDeathRobot ( 818062 ) on Wednesday March 09, 2005 @04:24PM (#11892732) Homepage
    Um, no. How about DVDs? Many of them are cheaper and you can enjoy them as long as you want too. And on a dollar-per-hour basis, practically any video game has CDs beat too. Pretty much any form of entertainment you do at home is cheaper than CDs, but of course you decided to compare it to the wrong kinds of things to make your point.
  • good idea (Score:2, Interesting)

    by zogger ( 617870 ) on Wednesday March 09, 2005 @04:45PM (#11893056) Homepage Journal
    They should have done this years ago, cut napster and that sort of thing off totally by offering something similar just priced to reflect the savings that advanced tech obviously allows.. They even got asked,they got warned, yet the "industry" refused, they wanted to (still do really) monopolise digital technology. They would have sold billions more with a hundred songs on a CD for 3 dollars, rather than 10 songs for 15$. And I think it's because to the high level execs who make these decision, 15$ is chump change, they have no personal basis in reality how much 15$ really is to most people. They even resisted 99 cents a song, to them that is already close to "free". It gives them the feinting fantoids to think of something less than that.

    No idea if 5 cents is a real answer, but I would think exactly doubling actual distribution cost would leave plenty of profit to go around and it would be cheap as all get out compared to what it is now. Say it costs a few pennies to distribute it on the net, double that, whatever it actually is as a price there. If tech improves so that transmitting it gets cheaper, then they can actually drop the price again, but keep the same margins.

    Really,and I'm glad this professor was swinging the clue stick hard at that conference, I hope he cracked some heads with it, because a market works best when both parties are very very happy with the exchange. If only one party is very happy and the other one is merely reluctantly content or actually annoyed, that particular market is not efficient enough yet.

    It's obvious there's a huge entertainment market, the demand is there, it just needs to be cheap enough to keep the demand side happy so they are content to actually make the exchange for their money. That leaves it on the producers and distributors side, what could make them happy? So far it looks like they are being beyond unreasonable in pricing and in transfer modality, hence, so called "piracy" took off. Instead of making their customers happy, they pissed them off, year after year, now they wonder why they have problems. A nickle a song and a dollar a movie (whatever) would go a long ways to alleviate that.
  • by jonskerr ( 217459 ) on Wednesday March 09, 2005 @04:46PM (#11893071) Homepage
    Your entire argument is predicated on the WRONG notion that entertainment is something people have to pay professionals for. People have lived together in communities for thousands of years and provided free entertainment to each other FREE OF CHARGE for that entire time. Professional entertainers aren't the norm for human society, and are one of the worst things to come out of technology. The technology of entertainment allows people to sit alone, separate from the communities they live in, quietly going mad.
    A friend of mine goes to west africa and lives in a desperately impoverished village for three months every year. The people there can't afford schools or medical/dental care, and getting a bad tooth can kill a person, when getting it pulled for $20 is far beyond the means of anyone in the village. But those people are constantly surrounded by beautiful music, for free, and they're loved and cherished by each other. None of them ever is dissatisfied with their life either.
    How many people in our society can even sign a song worth a shit? Or play a musical instrument? Songs people hear now are written by and for professionals with professional range and training. People used to sit around in groups drinking, socializing, and singing normal songs with accoustic instruments. Folk music, the music of the folks, regular people, is no longer seen as acceptable, so people have worked their way into a corner. The death of the music/entertainment industry would be a huge boon for society at large. I'd personally like to see a ban on electronic entertainment of any kind for two or three hours one night a week. No TV, close the movie theaters. Couldn't really stop people from watching their own movies in their houses, but if enough neighborhoods had obvious social gatherings, people would turn off their own movie players and go outside. Maybe even start dancing!

    Oh, and BTW, books are cheaper than CDs.
  • Of COURSE it would! (Score:2, Interesting)

    by jonskerr ( 217459 ) on Wednesday March 09, 2005 @04:59PM (#11893240) Homepage
    >The point is that the market will not increase substantially to make up for a 94% price drop.

    What market on earth wouldn't increase _exponentially_ if there wasn't a 94% price drop? I know I'd be on that nickel-a-song bandwagon in no time. There are literally TONS of people who currently don't buy online music because .99 is too much money to pay.
  • by jbarket ( 530468 ) on Wednesday March 09, 2005 @05:23PM (#11893499)
    Completely agree with you. Being signed to a major record label and being talented have little to do with each other.

    I have a good friend who's been pumping out tracks like he's Tupac for years, in his freakin boxer shorts.

    Take a listen: www.spinonehalf.com

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