Blake Snow

I write sentences for a living: writer-for-hire, bestselling author, content creator

As seen on CNN, NBC, ABC, Fox, Wired, Yahoo!, BusinessWeek, Wall Street Journal
It looks like you're new. Click here to learn more.

Music Industry [Poor Business Model]

The music industry is a really poor business model. Squeeze as much as you can out of your suppliers (musicians) and skimp on what you give to your customers. Case in point: iTunes downloads. I just downloaded the delicious “Third Wish” off the In America soundtrack in 128kbps quality. That’s the equivalent of a little less than CD quality. The idea (I have read) is that the music industry wants you to buy songs twice: once digitally, and another for higher quality down the road. They are not satisfied with us buying from them just once.

Any wonder why so many people keep stealing music from them? It would be easy to see yourself as the digital Robin Hood of music with the way they keep acting. Someone could make a lot of money becoming the Dell direct of music with most of the profits going to the artists. Hopefully that will come sooner than later.