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Thursday, April 3, 2003
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The plan would not replace the old CD distribution, rather I would imagine it to be a parallel alternative. I would still prefer to buy CDs by certain artists in order to collect their works. For example I own around 50 CDs by Miles Davis. I think my reaction to this plan would be to create more limited edition CDs and special packages. In fact we are cooking up something special for people who come to see us this year...a limit edition mini CD that will only be available at our concerts....details to follow....
9:55:33 AM ;
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Not many people have suggested a workable solution for the music industry. The plan Blonder suggests on CNET could work. 1. Manufacturers of mp3 players pay a flat musical entertainment licensing fee per player manufactured - that money goes into a pool. $10 per player could mean a hundred million bucks for 10 million players sold. 2. Companies wanting to give away music, such as a free mp3 player with 500 classical piano sonatas for subscribing to the New Yorker, or 100 of the greatest jazz records pre-loaded in your new Mercedes or Lexus, pay a certain amount of money into the pool as well. 3. Performing rights groups such as ASCAP or BMI figure out who people are listening to and dole out money from the pool accordingly....these groups have experience with that because that is how you get paid when your song is played on the radio or TV. (Some or all mp3 player software could "check in" anonymously with a database on the net and upload which songs have been listened to....) I think the makers of hardware and software could embrace this concept but of course the record companies might hate it. What a funny discussion this concept would elicit at Sony between Sony Hardware people and Sony Music people!!!
9:27:28 AM ;
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Imagine the possibilities. Buy a new Kia? Get 1,000 albums with every car. Purchase a lifetime subscription to the Boston Symphony Orchestra? Receive an MP3 player with a library of the world's 2,000 most important classical music selections. Sign up for a new cellular contract? Get unlimited access to music from over 30,000 indie bands. - Venture capitalist Greg Blonder on CNET
6:58:02 AM ;
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© Copyright
2003
Ottmar Liebert.
Last update:
8/25/03; 11:52:06 AM.
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