ACM 312: Music Isn’t Worth What it Used to Be

| Apple Context Machine Podcast

The music industry is changing, and artist's work isn't worth what it once was. Jeff and Bryan look at how the music market has changed over the years, why music has been devalued, and what some artists are doing to stay in the industry. They also check out a really cool hoverboard prototype from Lexus.

ACM 312: Music Isn’t Worth What it Used to Be

Jun. 24, 2015 — Download: MP3 Version (AAC Version Coming Soon)

Popular TMO Stories

Comments

aardman

The discussion confuses value with price.  Just because the price of something goes down doesn’t mean buyers get less value from it.

The discussion is really about the falling price of music, not the value of music.  I would posit that the price of music has fallen because of two things:

The number of acts competing for the music dollar has increased drastically.

The cartel that consists of the big recording recording companies has been weakened significantly if not totally collapsed.

In short, both the supply of and competition in music has increased.  And both trends will push down prices.

aardman

Re hoverboard:  Suppose a grid on the ground with control circuitry that allows you to configure and activate, on the fly, the equivalent of mag lev rails.  The brain controlling said circuitry receives signals from the hoverboard based on, say, which way the rider is leaning.  If the rider puts his weight towards the right then parts of the grid are activated to ‘draw’ a rail that curves rightward and the hoverboard, propelled along that rail by linear induction would of course, turns right.

CudaBoy

Agree with Aardman. The “Cartel Collapse” and it’s former stranglehold on large overhead and costs debited to artists accts - even contract copies would be charged back to artists - crazy greed - is one reason prices go down but the “value” of music if anything goes up because you can pick and choose in a macro sense what you want to spend money on. You don’t have to buy a $20 LP/CD loaded with material and cost overheads that you don’t want anymore.

Log in to comment (TMO, Twitter or Facebook) or Register for a TMO account