The Internet as Radio

The following quote came from the 2009 Future of Music summit:

“Copying can’t be stopped,” said artist manager Peter Jenner. “I have an interest in getting paid, but we have to stop thinking of the Internet like a shop and more like a radio station.” The industry is clinging to a business built on mass-produced “small bits of plastic” sold inside physical stores. “The less we think about how we did it in the past, the faster we’ll figure out how to make money,” he said.

This is an interesting shift in thought. As radio’s influence decreases, the Internet has taken that role. Obviously, everyone wants to get paid from their music being played on the Internet, but musicians currently aren’t paid for their songs played on the radio, only the songwriters are.

Stay tuned,
Erik
erikrostad.com
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