Quote:
Originally Posted by minipoodle  Right, and what most people have ignored in their excitement over the "Radiohead model" and now the "NIN model" is that these bands had literally millions of dollars and fans already. These are NOT meant to be models for the record industry in general (i think both Reznor and Yorke would agree) but the mainstream press and regular observers act as though they are. |
Of course not. The mainstream press has over generalized the situation. HOW SHOCKING!
If a viable new model is established by an industry veteran then artists with less or no name equity can tweak the model to suite their own needs. The paradigm needs to shift. A viable solution will never be found without experimentation, failure and tweaking.
I think it’s really cool that artists who are able to bankroll such experiments are taking risks and trying new things. This is a time of innovation and from and economic/business model perspective, I think this is quite fascinating. Other media industries, like newspapers and local TV channels, face similar low revenue challenges.
The people who are going to make a difference will not be the whiners and nay-sayers. Rather it will be the forward thinkers and the mavericks, the people who understand the problem and focus on finding a solution rather than those who focus on the problem and throw stones at those who try something new. Throwing stones is easy, innovation is not.