Death of the CD = Birth of Finances For Indie Artists
The diagnosis is terminal, CD’s are not going to make a come back. Apple is not making CD players, they’re making ipods. Have you checked the back of your cell phone lately? Do you see a CD jack? Nope, but you can surf the web and download songs on that bad boy and call your mom at the same time.
A recent article in the New York Times written by ERIC PFANNER ,”Digital Music Sales Grow, but at Slower Rate“, stated:
“As consumers lose interest in compact discs and balk at paying for the digital alternatives, the music industry is looking for new allies, including Internet service providers, lawmakers”
There are two things Pfanner makes us aware of. First, CD sales are declining as a result of downloading. Second, the downloading salesare NOT increasing because people are downloading ILLEGALLY more than ever. Would you pay $.99 to listen to Rihanna sing?
This means success for the independent artists if they can figure out how to capitalize on the opportunity. The harsh reality is that most independent artists do not know how, but the big wig label executives do. I will give independent artists, especially my fellow spoken word artists, a clue. If you’re looking at the Internet as a merely a means to sell your music, you’re limiting yourself and the Internet. It can do a lot more for you if use it. Sounds like I’ve told you nothing, but in reality I’ve told you everything. Why is Rihanna all over your MySpace sign-in page? Okay see where I’m going.
Figure out ways to use the Internet that have not been used!
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