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Re: [ARSCLIST] EMI Music Boss:The CD Is Dead
Roger and Allison Kulp wrote:
http://torrentfreak.com/emi-music-boss-the-cd-is-dead/ EMI music boss: “The CD is dead” Written by Smaran on October 29, 2006 The CEO & chairman of EMI Music, Alain Levy told an audience at the London Business School on Friday that the CD as we know it is dead.
According to Levy, record companies won’t be able to market CDs any longer without including ‘value added material’ and will have to make CDs a more attractive purchase […]
The CEO & chairman of EMI Music, Alain Levy told an audience at the London Business School on Friday that the CD as we know it is dead.
According to Levy, record companies won’t be able to market CDs any longer without including ‘value added material’ and will have to make CDs a more attractive purchase to the consumer. “We have to be much more innovative in the way we sell physical content,” he said.
Levy noted that physical media still has a place, but it isn’t going to have it for very long. “You’re not going to offer your mother-in-law iTunes downloads for Christmas,” he said.
Should we take this with a pinch of salt? Sales figures provided by the IFPI (PDF) don’t quite support his claim. CD sales accounted for more than 70% of total international music sales in the first half of 2006, while digital music sales were still at about 11%.
He also talked about why EMI was the only one of the ‘Big Four’ record companies that hadn’t jumped on the YouTube bandwagon and signed the contract. “The terms they were offering weren’t acceptable,” Levy was quoted saying. EMI isn’t out of the race yet. They are “continuing to hold talks with Google Inc on an advertising-revenue sharing partnership with the community video Web site YouTube.”
But vinyl is doing just fine. :) I am having a heckuva time buying the bootleg Gorillaz 12" singles that came out in the past few months,and there is a real war out there on eBay for The Good,The Bad and The Queen,especially the 400-copy UK promo Lp,which I finally got on Sunday! This has pushed up all the prices on the older Blur/Gorillaz stuff on vinyl.I have it all,except the US "Parklife" 7" on Capitol,and "The Wassail Song" giveaway 45.Saw one of these recently for $575.00,but I don't have that kind of cash to throw around.
Roger
I can't help saying: I told you so. Several years ago, I posted to
another list that the record companies had not yet realized that they
had a marketable product in the 'sizzle' but that the 'steak' had become
free.
Mike
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mrichter@xxxxxxx
http://www.mrichter.com/