tyler_durden wrote:
> Why is everyone so afraid of change?  

You've lost me here. Everyone on this thread, and in this forum uses a 
SqueezeBox to listen to music. They don't listen just to vinyl or CDs.

We've accepted change.

"Downloadable FLAC files" will be a change, and I expect them to be 
accepted readily.

The bloodsucking record companies that you seem to be hating are dead, 
but they had a very short life, no more than 50 or 60 years. Before 
Elvis, records were not the massive cash cows.

Music goes back thousands of years. Humans like music and have paid 
musicians for at least 1000 years.

> No one can say how things will end up, except that it seems likely the
> big recording companies will either change their business or
> disappear.

I'll go farther than you on this. The big record companies (there are 
only five) are dead. They thrived when distribution was the problem. 
There have been many recording studios that can make records for at 
least 40 years. What the labels controlled was distribution and 
promotion. They gave the money under the table to the radio DJs. They 
sponsored events. Getting the record on store shelves was a very 
expensive deal.

While numbers are impossible to get reliably, its commonly accepted that 
labels lost money on 9 out of 10 groups/albums. Those are VC numbers, 
you need big hits to cover for all the losers.

There is no distribution cost anymore.

There still is promotion cost, and studio rent to pay, etc.

But nothing will bring back the happy days for label executives


-- 
Pat Farrell
http://www.pfarrell.com/

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