January 3, 2011 by DJ Elroy
BitTorrent vs Apple and Big Music
Found this interview on Torrentfreak so you should be able to guess how it’s spun…
But is it wrong? Nope. Spot on, in fact.
The Internet and file-sharing services such as BitTorrent in particular are often blamed to be the downfall of music. However, the reality is that music has never been as loved and vibrant as it is today. The only thing that’s starting to fall apart slowly is the power of the big music labels and other profiteers.
The piece goes on to say that the old business model for music is dead. The labels have missed the boat. The oldsters don’t understand what the digital revolution was all about. It means that artists no longer need to rely on the big labels for distribution. Thanks to the web, technology, and social networking, the big labels aren’t essential to making it.
Various studies have been posted up on sites like Techdirt and MusicThinkTank and music analysts like Lefsetz have chimed in as well on the crumbling of the old guard and the myths of free music… But what do artists think? Some still get dollar-sign eyes when talking to the biggies, but some, like Benn Jordan (The Flashbulb), know the once-mighty gatekeepers have lost their power. And Apple? Yeah, right.