Sat at the dentist yesterday reading an article in Newsweek on the vaule of music. Apparently the band Radiohead put their latest album out on their website with the caveat of "pay us if you want to". Apparently, quite a few people paid. THe average was around 5 bucks if I remember correctly. Still quite a few took it for free.
The article went on to say that a lot of people do not feel they should pay for music and that, as we have experienced, the record industry is not the same as it once was. When Itunes started, Jobs insisted that songs be sold for under 1 dollar. One of the competitors, (Rhapsody I think), who also sold songs for a buck, had a 50% sale one month and their volume increased 6 fold. The writer of the article said that this proved that 1 dollar a song is still perceived as too high for the majority if people. Especially if you can find it for free two mouse clicks away.
Kid Rock was having issues with the recording industry at one time and threatened to give away his album for free on the internet. This is an easy threat from a rich man who has "made it". I wonder if he'd be so quick to give his stuff away if he was a poor struggling musican trying to get a break.
Years ago bands like Led Zepplin lost money touring but made up for it on record sales. This seems to be reversing now and I wonder if the days of royalties are slowly coming to an end? If people don't want to pay for music then is it valued as worthless?