Can it be true? This is what we’ve awaiting for a long time, MySpace will go E-Commerce. That will change a lot in the music industry. TechCrunch says:
The new service will launch at music.myspace.com but will look completely different than the existing site. Users will be able to stream music for free, create playlists, download music from Amazon, buy merchandise and event tickets, and buy ringtones.
I love it. Thanks for the link, Matt.
[This is a repost from November 4th, 2007 on my former blog christian jung beta ]
While i’m starting to work on some music related web project, i stumbled over this 96-page e-book from Andrew Dubber from Birmingham City University. A very well done and very savvy sum-up of web thinking for the music business. Quotation:
“The old model of music business is dominated by the sale of an individual artefact for a set sum of money. The new model is about starting an ongoing economic relationship with a community of fans.”
Sounds like a blueprint for my upcoming work.
[This is a repost from my former blog christian jung beta from October 14th, 2007]
How much is it worth? I paid 2 GBP, that equals 2.88 Euros plus transaction fee. Why? As far as i know (and my former boss Willms wrote in his thesis), artist’s share from the price of music is around 12%, producion is roughly 8%. The rest is for the labels, marketing and distribution. Assumed that a download on iTunes would have cost me 9,99 Euros, paying 3 Euros leaves 1 Euro for radiohead’s own distribution channel. I think this is fair. Some people estimate the same value, Richard MacManus pays a lot more.
Remarkable for the download site: it is a very simple piece of software. There is no prelistening of the music, nothing but payment and download. And it’s got the coolest shop basket ever seen
If i would work at Sony BMG, Universal Music, EMI or Warner Music, i’d start looking for a new job…
UPDATE: The Listening Post says, the average price is $6, according to ComScore
