From: Mike Lorrey (mlorrey@datamann.com)
Date: Tue Jun 25 2002 - 08:45:22 MDT
First off, pleast stop posting in HTML. Many mail clients won't quote
HTML text, and HTML content adds absolutely no information to a post. It
is a waste of bandwidth, and ASCII is a mail list standard.
ABlainey said:
> Very interesting. As a musician it both worries and excites me. As long as the machines somehow know what CD is being copied, The artist and track details etc
> then I cant see a problem, as long as the royalties are distributed correctly.
> I think this could be the first move that we need to oust the big record companies.
> It wont be long before the machines will have access to a database of original material that can be burned directly to CD at the vend point.
> This should eliminate the need for media giants (hopefully). Or is that a pig that just went overhead ?. Artists can simply upload their originals to the database and
> wait for the pennies to flow. hmm sounds a bit MP3miliar to me.
> Still I like the idea.
The big companies will simply transform into holding companies for
chains of record stores (funny that is still the standard term for it)
and development investors for musicians. Artists who do not market
themselves will not get many pennies flowing in, and marketing generally
costs big bucks, either in capital from record companies (who expect to
make a profit on such investments) and/or in sweat equity by the band
members/artists...
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