Music Industry: “If You Can’t Beat ‘em…”
From Times Online:
After a decade fighting to stop illegal file-sharing, the music industry will give fans today what they have always wanted: an unlimited supply of free and legal songs.
With CD sales in free fall and legal downloads yet to fill the gap, the music industry has reluctantly embraced the file-sharing technology that threatened to destroy it. Qtrax, a digital service announced today, promises a catalogue of more than 25 million songs that users can download to keep, free and with no limit on the number of tracks.
Wait…what? Pretty big news if you ask me, although the article does go on to state that the songs are DRMd and iPod incompatible. No word on quality, either. Should be interesting to see where this goes.
Edit: Haha, looks like things are already off to a rocky start.
“The Qtrax service represents an innovative business model, one that offers our artists another way to reach fans using the potential of peer-to-peer technology while ensuring they are fairly compensated for the use of their work.”
Why yes, that is an innovative business model:
Step 1: Give away every song on the planet for free.
Step 2: ?
Step 3: Profit!
January 28th, 2008 at 5:41 pm
Hahahaha
The last four lines killed me.
January 29th, 2008 at 5:39 am
Sorry, South Park reference. I’m not that funny.
January 29th, 2008 at 8:37 am
See if I ever comment laugh at one of YOUR blogs again.
January 29th, 2008 at 11:43 am
burn