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David Byrne and Thom Yorke on the Real Value of Music
www.wired.com/entertainme...-01/ff_yorke
www.wired.com/entertainme...-01/ff_byrne
www.wired.com/entertainme...-01/ff_yorke
www.wired.com/entertainme...-01/ff_byrne
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Re: Survival Strategies and the Real Value of Music
Fri, December 28, 2007 - 12:53 AMAnd don't forget this:
money.cnn.com/galleries/2...tune/58.html
Somehow, making $3m in the first month without having to give it to a big label counts as one of the 101 biggest business mistakes in history. I wish I could make such terrible mistakes. -
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Re: Survival Strategies and the Real Value of Music
Fri, December 28, 2007 - 2:24 AMYea leave it up to a Magazine that reports on the Market and other big business activities to call Radiohead's quick $3m on their own "dumb"!
"Then Fortune calls their decision the 58th dumbest of the year. Yes, the geniuses at Fortune believe that Radiohead screwed up, because they say that 68% of people who picked up the album paid nothing, and the rest of the listeners paid an average of six bucks. But of course, Fortune has got it backwards-- Radiohead, as we noted earlier in the year, would only have earned $1 per album going through the record companies, and so they were still able to rake in twice as much at their average of $2.26 per album download.
Dumb? For the record companies, maybe-- they made exactly nothing off of Radiohead's new album. But when you consider what the band made, this distribution method makes even iTunes look dated." -
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Re: Survival Strategies and the Real Value of Music
Fri, December 28, 2007 - 2:26 AMlets not forget they get to keep all their royalties and copyrights! How much might that add up too?
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Re: Survival Strategies and the Real Value of Music
Fri, December 28, 2007 - 9:15 AMCNN is obviously not going to run a story talking about how great an idea it is to leave major corporations out of your profit model. they have to serve their masters - and the masters are not the readers, and not radiohead. -
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Re: Survival Strategies and the Real Value of Music
Fri, December 28, 2007 - 11:18 AM"Can't wait for the follow-up album, 'In Debt'" What a joke! I've lost all respect for this excuse of a magazine! -
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Re: Survival Strategies and the Real Value of Music
Sat, December 29, 2007 - 12:39 AMFortune Magazine is owned by Time Warner which might have a motive for making Radiohead looking dumb. (I believe they own a record company or two).
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