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Originally Posted by johnS
To me it's clear that the music industry is still waaaay behind the curve. File sharing, MP3s, and iPods are not new, but they are reaching a point where they are really sinking in, and the more they do, the more the culture of music consumption is irreversibly changed.
Music should be a high-volume, low-cost, commodity biz--yet labels and retailers cling to the absurd notion that a CD should cost $18.95. Simple math tells you that if an iPod holds 10,000 songs, then ~$1.90 per song is an order of magnitude too expensive. Even iTunes $.99 per song is too expensive.
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I completely agree. Music is a trade just like any other art and the "Star System" is very over. This ais a big change we are talking about though. It is bigger than most other businesses because the music industry is directly related to our culture. Until our culture changes there will still be a place for the big distributors to sell sh!% as shinola and pop-stars will be able to make records instead of sticking to their reality TV shows.