Prince Free CD Fallout Continues 2007-07-16 by Dave de Sylvia EMERITUS | 4 Comments | Prince's new album Planet Earth yesterday became the first studio album by a major recording artist to be distributed for free by a national newspaper. Britain's Mail On Sunday took the honour, but not without facing the protestations of almost all of its broadsheet and tabloid competitors (the irony was apparently lost) and several within the music retail business.
BBC Magazine ran an article on Friday examining both sides of the argument:
Quote:
|
Originally Posted by BBC Magazine
Although covermounts have for years been a major concern to the Entertainment Retailers Association, its director general Kim Bayley says this marks a new low.
"It devalues the music and the losers will be new artists who are trying to come through who won't have any support from recording companies because established artists are chucking out their music for free.
"Consumers only have so much listening time in the week and if they receive the new album from Prince then they don't need to buy new music and will spend their money on something else."
Giving away something for free gives the impression it has no value, says Ms Bayley, and along with illegal downloads, they reinforce consumer expectations that music costs next to nothing.
But the free CD has been around for decades. Smash Hits gave away flexi-discs in the 1980s and modern music magazines such as NME, Mojo and The Word have long been including CD compilations with their issues.
It was recently estimated that 10% of CDs produced in the UK are covermounts. But most of these are to plug new artists and therefore have the blessing of the industry, because fledgling acts reach new audiences.
There are fears, however, that the Prince deal marks a new phase in which established artists will cut record companies and traditional retailers out of the equation.
It comes at a time when shops like HMV are feeling the pinch. Its profits have halved in a year, in a climate where CD sales are falling and prices have come down by about 50% in recent years. But it will stock the Mail on Sunday this weekend.
|
Read the rest of the article at: http://news.bbc.co.uk/2/hi/uk_news/magazine/6897178.stm
To listen to 'Guitar,' the first single from Planet Earth (also distributed for free via Verizon), head over to Prince's Sputnikmusic artist page.
|
|
Tagged: Prince
|
|
Prince is awesome, although the point of the devaluization of music was interesting. I think it's great that a guy with more than enough money is making music for the masses without profiting a cent from it.
| | | once again, never underestimate everyone in the industry's worship of the dollar.
stores are pissed because they can't sell it and make money.
| | | Prince isn't the only artist who makes cds for stores to sell. If Prince didn't put out any cd, they would be making even less profit, therefore they're at his mercy.
This isn't consistent. There aren't enough major artists that're good enough, and there're too many struggling artists who need to be heard. As long as that's the case, cds will always be bought and sold. There're also lots of artists who make music that can't be "pre-stolen", as the article suggests.
You also can't complain about people downloading your music when they wouldn't have bought it or can't afford it in the first place.
"...the losers will be new artists who are trying to come through who won't have any support from recording companies because established artists are chucking out their music for free."
Wouldn't it be the other way around? Record companies would need to support them, otherwise they wouldn't sell records.
I can only see this as helping, I'm sorry.
And giving the impression that music costs nothing to make is pretty much the only thing I'm against out of all the stuff that's been happening.
| | |
And giving the impression that music costs nothing to make is pretty much the only thing I'm against out of all the stuff that's been happening
labels don't pay for princes music, they only pay to distribute it. he funs and produces his own shit.
| | |
| |
• Jesse Lacey Allegations • Jayyvon Opens Up About Abuse • The Fall of Troy bassist melts do.. • The Story So Far's vocalist dropk.. • Deftones stream new single • R.I.P. Lemmy • Killswitch Engage debut new single • Nothing But Thieves accusations • Scott Weiland dead at 48 • Lil Peep Dead At 21
• Exitium Sui post new song • This Wild Life Is Now Country • Rödtjut long for past futures • The Water Witch stream new LP • PJ Harvey releases Voyager • Carly Rae walks On Wires • The Wow! Collab: Muse X Ellie • Nemophila walk through hell • Crush of Souls release captive yo.. • VOIC are back to haunt • Sleep returns with new lineup • Insomnium cast a new shadow • Zorn tease sophomore LP • The Warning conduct a Ritual • Cult of Luna's Shadow LP, single
» see all news
|