Posts Tagged ‘SXSW’

The Record Industry

March 25, 2008

I’ve been thinking the recording industry. Everyone seems to agree that they are doomed. I read somewhere they might finally give up suing teenagers as a revenue stream.

Then I thought of American Idol and both the popularity and success they have achieved. They have the perfect model that record labels should follow.  Musicians can for the most part, handle most of the recording and promotion duties once handled by major labels and even offer it for free BigHeadTodd or make their own profit NIN. The value Idol brings (and labels should provide) is that they give people the ability to shape and build what they want to hear.

Wouldn’t it be cool if labels put all demo tapes up on the web, and allowed people to vote on which artists to sign? I wonder what other ways labels could facilitate this interaction.

In other news, as an avid music downloader, I have recently snagged all 3.5 gigs of SXSW music for free. I haven’t been able to spend quality time with it yet, but I have been amazed by some of the jewels I found.