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Quote by: Thanatos  However, the low-end entertainment industry will still suffer. Not every band can expect to pack stadiums like the Grateful Dead did. |
I disagree that the low-end will suffer. Word of mouth, people giving away "copywritten" material with no pricing schemes, or copy protection, to other people is how the Dead got in to the stadiums. I think it took them 25 years to do it. But the internet is the same concept as the bootleg copy, and litterally made thousands of people successful, that might not have been otherwise.
Thirty years ago, no band could afford a music studio to record an album, without a Viacom or Warner Brothers behind them. It used to take a long time. Someone would go to the studio, and we’d hear from them a year later. Forget about stadiums, it was extremely difficult to be heard by more than a few hundred people at a time. Advertising, promotion, shelf space, that used to be what consumers paid cash money for.
The revolutionary 'thing' that will change the music/TV industry (and the internet), is this odd video I found from
Weezer, but I didn't mention why it was revolutionary. Essentially, Weezer accepted fan input into writing a new song, and it was mixed using a standard Dell computer with music software. So everyone has the ability to make a record now!
Think of your favorite band, and how much money you've spent on their CD's and concert tickets. Has your favorite band ever communicated with you directly like Weezer? The corporations have to figure out how to innovate in the way you interact with people. There is quite a difference between reaching the widest audience, and creating a dedicated following. That is why this Weezer video is revolutionary.
The interesting thing about most products and services is that we won't buy them until we know what they are and what they do. And often the best and only way to do that is to use them. For some products (like music) using them once and owning them are very close to the same thing. Hence, free. You can view that as a problem or you can see it as an opportunity.