Michael Robertson of MP3Tunes.com writes today in the Register that legal digital music distribution is commercial suicide. I thought I’d comment on my feeling towards digital music.
I used to love listening and collecting music. Although I used to baulk at buying CDs (at UK prices), every now and then I would indulge. However, in the last few years my music purchases are rare, and I loathe spending the money on something I believe is over-priced.
The music industry is still trying to convince us that we should pay more for digital music than we did for CDs (£0.99 x ~15 tracks = album cost). I don’t download music, because I don’t feel it’s fair to the artist, and therefore my only option is to stop buying new music in protest. I’ll have to stick with what I paid handsomely for over the years before I realised I was being ripped off.
The entire industry is a sham. The consumer is being used, abused and totally screwed. I’d be happy to pay an equitable price for music, and might even get back into collecting music again if I thought I wasn’t being ripped off anymore.
Digital music has no fixed physical value, because it requires no physical product to be produced, packaged or distributed. There is no scarcity factor, supply is boundless and demand is fickle. The resulting price should naturally fall very low. Basic economics…
It is kept artificially high through lack of competition, quasi “price–fixing“, politicians “persuaded” by industry lobbyists and expensive cartel lawyers with sharp teeth. None of which the savvy customer really appreciates.
The music industry needs to remember, that without us buying the crap they pump out – they are screwed. Maybe they should consider that next time they are snorting cocaine off a whores tits, funded by us mugs here in consumer-ville.