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Friday, February 18, 2005

Grammy award after web-only sales

The music industry can howl and cry and mourn, after this success about which I should have written about 3 days ago. Somewhat it slipped my attention, even so I saw it and danced through the office.

It confirms everything I said before - the music industry's business model has changed and while they can say that downloads or uploads from or to the Internet hurt their business - what is not true, clever musicians use the web to advance their career. Music is not a loaf of bread, as stated by Wilco's frontman last year.

And now this success: "Jazz composer Maria Schneider took home a Grammy for her album "Concert in the Garden," without selling a single copy in a record store."
"financed her Grammy-winning album through a Internet-based music delivery service called ArtistShare that opens the financing of production to dedicated fans."

Outch.

(By Asia Business Consulting)