Investor Mark Andreessen has taken some time off battering his Twitter followers with tweetstorms to give his opinions on the recorded music industry, telling New York Magazine that musicians should be making their money from touring nowadays. Oh, and: “The other thing you could say is that recorded music was an oligopolistic cartel. The only reason why musicians were getting paid what they were getting paid in the 1990s off CDs was because the record labels were price-fixing. CDs didn’t cost $16 because that was the floating market price. They cost $16 because the five record labels got together and fixed prices. And who ate it on that? Consumers. And why did consumers react so positively to digital music when it first came along? Because it broke the cartel. Book publishers are the same thing. Amazon broke that wide open. So would you rather live in that world or would you rather live in this world?” Answers on a postcard…
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Tools :: We Are Giant
With “fan communities” being on every artist’s team’s mind, we’re fans of the fact that…