RIAA And The Definition Of Insanity... With Just A Hint Of Sanity From EMI
from the banging-your-head-on-the-wall dept
Someone (the internet credits both Benjamin Franklin and Albert Einstein) once said that "the definition of insanity is doing the same thing over and over again -- and expecting different results." At some point, can we simply declare the RIAA insane and be done with it? At the very least, they're causing me to bang my head against the wall. For years we've been pointing out business models involving free music that don't need require the RIAA to sue everyone. For years, we've been highlighting the very basic economics for why these business models will almost certainly take over the industry. And, now that we're starting to see some serious traction among bands adopting these models (without RIAA help), we've even explained why the RIAA should still have an important place within this model. Even when the RIAA scores a minor courtroom victory (after many, many losses), and the result is that more people are feeling sorry for the woman found guilty, due to the insanely high fees the court put on her. In other words, nearly everything the industry has done has backfired and made things worse. And how does the RIAA respond? By saying it needs to keep doing the same thing over and over again. The spokesman for the RIAA calls their activities "tough love" but hasn't anyone pointed out to them that what they're doing has not worked and has only made the situation worse? For all of their suing activities, more file sharing than ever is going on... and more and more musicians are opting out of the RIAA mill to craft much more consumer friendly business models. Yet, the RIAA insists that suing people, creating more sympathetic martyrs, and pissing off legitimate customers left and right is the strategy they need to take? It's insanity.But... wait. Just as I was finishing this post, reader Eric Samson writes in to let us know that EMI's new bosses may finally be adding some sanity back to the process. EMI was bought out by a private equity firm recently, and the CEO of that firm apparently took the Radiohead story as a reason to email the folks at EMI and tell them to pay attention. Specifically, he said that it's "a wake-up call which we should all welcome and respond to with creativity and energy" and that the industry "has for too long been dependent on how many CDs can be sold" and finally, that the industry has screwed up: "rather than embracing digitalisation and the opportunities it brings for promotion of product and distribution through multiple channels, the industry has stuck its head in the sand." Amazing. It only took someone from totally outside the industry to buy one of the major labels and tell its executives the obvious for them to hear it. Now, let's see if EMI can convince the RIAA, who supposedly represents EMI (among many others) that perhaps suing everyone and fighting the inevitable tide isn't such a great idea.
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Filed Under: business models, economics, music industry
Companies: riaa
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cause' he was CRAZY
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Very interesting
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I doubt that...
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RIAA Insanity
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no this could be good.
Bryan
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back a winner
(admittedly with my savings I can probably only afford 3!)
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Unfortunately for the listeners, the groups that have recently "defected" could be considered fringe by the mainstream. Radiohead never really wanted to play by the rules and Trent Reznor was always doing his own thing. I applaud their attempts to get away from the old model, but we need many many more mainstream groups to follow suit in order to make a real impact.
It's bands and artists with a ravenous fanbase that can make these kinds of moves. Artists that need to advertise in order to get the message out that they have new music or a new tour coming around will almost always rely on their record label to do the heavy lifting for them because their fans need to be pushed, they don't feel a pull (to use a bad e-mail metaphor)
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until one of those two things change it will keep acting like that.
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RIAA
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Losing it
And one interesting thought I noticed in an article, the RIAA may not have much choice but to sue an 'infringer' because of their fiduciary responsibilities. Based on their current business plan, they have to 'protect' their clients interests by minimizing spoilage. It may not be working, but they don't have anything better. It is a matter of not doing something well as much as doing something, instead of nothing.
Now if you change the question, and come up with a different business plan that maximizes exposures, the need to sue your best customers goes away.
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Re: Losing it
Yeah, we've only been pointing out those business models for about a decade. And for it, we just get attacked by the RIAA members for wanting stuff for "free." So, I'm sorry, but the idea that the RIAA still needs to do this until there's another business model out there is ridiculous. The business models are there.
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Re: no this could be good.
It looks like the only way they will change their course
is to see someone else making a profit. They are much too
risk-averse to make the first step themselves.
I thought a computer company getting into the business
of selling a portable music player and reselling digitized
music would do it.
Looks like they haven't gotten the message yet and that
EMI is going to get volunteered to be the guinea pig.
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2 cents thrown into pot
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About the RIAA..........
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Re: RIAA
The RIAA threatening to sue and actually suing again.. and again... and again... again
If you don't like the news, there is a simple solution. Don't read it.
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copyright is
That is great and should continue I would also argue that is where it should stop if some person buys a recording they should be able to do with it what they wish.
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Legit Fund site for Jammie?
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RIAA
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Administration of Last Rites
One by one, everyone seems to be pulling the plug on the major labels, and at some point soon, a mercy killing of the majors might be in order to save the rest of the industry the pain wrought by these age old methods. More details at http://www.music2dot0.com/archives/58 in a piece entitled "Breaking Free From Major Label Excess & Ignorance"
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You're gay
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Re: Re: Losing it
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RIAA
The day of their monopoly is over, they just can't let it go and wishing for the good old days of predictably wallowng in the bucks won't bring them back.
They are joined by a few mega-wealthy rock stars, who want us to forget the vast majority of musicians barely got by even in the "good old days".
Instead of 70,000 fans in a stadium for four guys, I see people in clubs everywhere spending their money giving the average musician a living.
Not a bad change, if you ask me
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RIAA And The Definition Of Insanity
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Re: RIAA And The Definition Of Insanity
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