Starbucks Giving Away Music For Free…
On Oct. 2, Starbucks customers at more than 10,000 Starbucks coffee shops will be able to pick up free cards that can be redeemed for a specific song at Apple’s iTunes music service. Two of the four major record companies — Universal Music Group and Warner Music Group — chose not to participate. Some executives are leery of large-scale giveaways, arguing that they diminish customers’ perception of the value of their music. I don’t want a FREE Beck song – I want a FREE Latte. (NYT)
A drummer who spent four years in the Ramones, filed a federal lawsuit claiming he is owed nearly $1 million in royalties on songs sold over the Internet.
Madonna who is expected to walk away from Warner Music is close to signing
a £50million contract with her tour promoters Live Nation – to cover
her concert AND her record releases.
People Choose Rock: Modern Rock stations had the highest percentage of listeners heading to stations’ Web sites, with males making up 61.6 percent of that format’s listeners. (FMQB)
I think emo’s a pile of shit…. Gerard Way of My Chemical Romance
Why is Starbucks offering Free Music? Why not free coffee? Thats because it doesnt effect their profit margin. Seems like everbody is in the business of using and abusing the music biz. I don’t blame Warner and Universal who chose not to participate.
When kids always see the word “FREE”, it definetely de-values music. Plus, whats the incentive when you can steal anyway?
At this point, no one wants to be involved in the .99cent digital download business. The profit margin is ZERO. Even Steve Jobs said there is no money in digital downloads as he is more interested in iPOD sales.
Someone needs to figure out the digital download mess and how to turn a profit again. The first person who gets it right will be a multi-millionair. I am thinking.
The immediate answer is bundling songs – Packaging songs together..more money!
“The immediate answer is bundling songs – Packaging songs together..more money!”
Almost like….ALBUMS