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Originally Posted by gregohb  Even at best, an artist gets what $1 out of a $15 CD sale, while the music industry and sales organizations gets $14. In affect they have had a cartel like OPEC. Its been a big system that makes tons of money for a bunch of untalented people off of various creative geniuses. I believe even the Beatles signed away the rights to their own songs when they were young. So Trent is not losing that much.
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Just to add what you stated: Artists, most of the time, have to pay back their Advance, tour support fees, CD promotion fees, CD packaging fees, video production fees, warehouse fees, etc. before they can make a cent in royalties. This is why a lot of bands that release successful albums can still end up in debt to the record company they're signed to. All this, while the record company profits. In fact, its only when a band had a long standing success that they'll see a profit.
So yeah, to say that the record companies some how unfairly lose out when artists like TR find ways to avoid them is ludicrous. To think I only touched the surface of how things work. See Redoggs post for more of it.
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Originally Posted by gregohb
So its time for some new thinking and new paradigms. Maybe existing music industry will morph or disappear, and Trent has got some plan - maybe to make it up on concerts, posters, etc.
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I totally agree. I also think Trent and others like him are experimenting in order to find a way to make the system work now that Pandora's box is open. There is no going back, we all know this except for the majors, so its basically a fight to find what will work under the shitty circumstances. Anyways, as I've said before: The only way I see the industry surviving as we know it is if there is a tax levi put on ISP subscriptions and mp3 players; because as of right now the value for music to the average listener is getting closer and closer to 0. Its either this, ad based download sites or a new marketing plan (like Trent or Radiohead's) to try to get some sort of interest back in music as a valuable product.