jb_abides
Well-known member
- Joined
- Apr 6, 2005
- Messages
- 6,459
Moving forward to the streaming age.. the arrogance of EMI managements failure embrace this new format was ultimately the demise of the company. Unfortunately this medium was also the death of the music business.. as the deals made by the companies with streaming platforms cut out the artists. As much as this platform is ideal for the consumer, it’s utterly devastating for the (legacy) artist.
Yeah, they should have consistently offered great streams and downloads under DRM using an authentication code when included with every CD, but they were reacting to the tech not on top of innovation in order to, let's say 'control' it, so the ability to rip came. Perhaps given the open source community and the nature of the digital medium there was not way to absolutely forestall the end-run of ripping to ripoff, but they might have been able to convince consumers to 'play authentic' if they could see their way to reducing the margins, instead of decimating their own business model in the process of keeping 'the old way'.... spilt milk now. Ooops.
Rick Wakemen opined on how to re-kindle the overall listening experience in his recent conversation with Rick Beato, at the end: