New technology is not bad for music of musicians (or for media and artists); they always find a way to make a buck. It's bad for corporations with business practices are built around grossly inflating the price of media and then taking the vast majority of the profit for themselves, which they can then use to manufacture more of the same with artificial popstars.
It's not even about 'democratizing' media: technology is threatening the Ponzi scheme that underlies the business of entertainment.
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ninetydegrees
no subject
on 2009-10-16 10:47 am (UTC)New technology is not bad for music of musicians (or for media and artists); they always find a way to make a buck. It's bad for corporations with business practices are built around grossly inflating the price of media and then taking the vast majority of the profit for themselves, which they can then use to manufacture more of the same with artificial popstars.
It's not even about 'democratizing' media: technology is threatening the Ponzi scheme that underlies the business of entertainment.
-- JF