Success Of Download Music Stores Still Means Industry Needs To Change

from the don't-breathe-easy-yet dept

rax writes "Music downloading software ITunes is more popular than expected. By some accounts the software has been downloaded nearly 1 million times, which has some predicting that music downloads will increase 20-fold in the next five years. Yet the music industry isn't breathing a sigh of relief because even at that level, Internet downloads will only account for 6% of the music market. The Economist points out that the recording industry needs to realize that marketing music online will not save the industry, and that fundamental change is needed if they are to survive." Nothing particularly new in the article, but does include a good quote from Moby: "Why is a record company any more qualified to send an MP3 to iTunes than I am?" The recording industry is still focused on moving their current business model online - and not on using the fundamental nature of digital goods to offer a better product at a better price to their customers. Luckily, it won't take long for others to figure it out for them.
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  • identicon
    Anonymous Coward, 4 Nov 2003 @ 10:45am

    Services still won't get my money

    The other day I bought the latest Dido album. It cost me $14 from Tower.

    As it only really had 2 tracks out of 11 that were any good, I could have downloaded them for $2.

    I chose not to download them as all of the download sites have copy protection and crappy formats.

    So I've ripped the whole disc to 192Kbps MP3 and 160Kbps Ogg and will probably sell the CD back to Tower.

    The CD was supposed to be copy-protected so I used the Shift-key trick in Windows, and it didn't affect Linux at all.

    link to this | view in chronology ]

    • identicon
      Anonymous Coward, 4 Nov 2003 @ 11:58am

      Re: Services still won't get my money

      I also chose not pay good money for downloads that restrict me to what I can do with those music I bought. So I bought a pirated Dido CD for $4 and ripped it at 128kps mp3 without having to resort to pressing the damn shift key.

      link to this | view in chronology ]

    • identicon
      CaptainK, 3 Jan 2004 @ 8:20am

      Re: Services still won't get my money

      Re: "used the Shift-key trick in Windows"

      Hiya - also pissed at the protection on my CD - can you explain the Shift-key trick please?

      Cheers

      link to this | view in chronology ]


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