Implode.Exploit. Repeat
virtual-court.com, june 2004, 9:52am. London.
Judge: Bring out the mp3s! Mister.pee-free, you are charged with the man slaughter of the music industry!
Compere: Let me hear a biiig ’Fuck yeah!
Judge: You are also charged with the murder of global cul

Re: Implode.Exploit. Repeat
"the record label is taking a bit of a risk, but can't really loose"
Er, yes it can. If the act doesn't sell (m)any copies of the music that the label forked out cash to have made, they'll obviously not get their investment back let alone make a profit. So, actually, they will lose (money), and therefore have no choice but to drop the artist for future releases (because the risk of the same thing happening again is too great).
As for the case with Robbie, he probably did get a lump sum, but that will be because he's already made his forthcoming album and so on handing over the rights to publish it to EMI, they pay him for the privilege. And yes, as people have pointed out, part of that deal includes him giving a share of merchandise, touring and other revenue streams - EMI's Alain Levy and David Munns said to the LA Times: "Our goal is to transform EMI from a recording company into a music company that shares in all kinds of revenue generated by the artist. Dem boyz is gettin clever - they're already doing it with the Coldplay, Queen, Gorillaz and Kylie webstores (amongst others, no doubt).
Out of interest Sean, what single label actually has 100 acts all promoting their own releases at the same time? And when has a label ever been stoopid enough to put out 15 records all at the same time? There's no point exaggerating to prove a point if you ask me.
At the end of the day, the only way of measuring how good something is, is by looking at whether it's achieving what it set out to do. Surely the fact that record companies haven't gone bust may say something about that.
Major labels have many uses indeed. One of them is they sign both pop acts and more alternative acts, and are able to take money earnt from the successful pop acts and invest it in the less popular ones. For instance, The Cooper Temple Clause being on the same label as Will Young and Gareth Gates (BMG). Those karaoke stars have probably helped TCTC get where they are now and will probably continue to do so.
Re: Implode.Exploit. Repeat
So when did it actually 'mean anything'?! Perhaps you're just getting older and realising that all isn't (and has never been) so rosy.
MP3s aren't killing anything and nobody ever said they were. What the labels have been reported as blaming for sales being down is piracy and illegal Internet filesharing. MP3s - compressed music files - are already legally available from major/indie labels. See emusic.com - undoubtedly the best value you'll get for about £7 (actual price $9.99USD) a month for unlimited downloads from their huge archives.
Re: Implode.Exploit. Repeat
Erm, except that only about 10 albums a year sell over a million copies in the UK anyway, and those albums are by either pop, easy listening or gentle indie-style acts (last year, for instance, they were Dido, Robbie Williams, David Gray, Gabrielle, Steps and Eva Cassidy, with Stereophonics, Travis, Destiny's Child, Kylie Minogue, Shaggy, Westlife and Hear'Say coming close). And the mainstream public who are the people who are able to buy a million copies don't want something that sounds like it was recorded in a toilet.
Your flawed maths also completely forget that for EMI to make £13,713,000,000, the public would have to collectively buy 1,430,000,000 albums in a year, when at the moment the total is morelike 100,000,000. So you're basically saying people would have to spend 14 times as much money on music as they currently do. Yeah. Right.
Oh, and you also forget that EMI don't get 100% of the money for a CD handed over at the counter. The retailer takes a 30%ish cut, and then there's the distributors, and then a lot of stuff has to be paid for such as the manufacturing, the publishing (fees and royalty), the marketing, general overheads, and of course, the recording royalties for the bands, before getting down to profit left for them.
What I think you need to appreciate is that most people aren't really into music and only buy a handful of CDs a year, and that's it's far more cost-effective to release something that they, the masses, will want, instead of pandering to the needs of the minority music fans like us. Why invest in hundreds of smaller acts, and probably only have a tiny fraction actually make the money back that will be spent on them, when you can invest in a couple of big ones where success is pretty much guaranteed?!
"Record companies dislike MP3s so much because they create wiser consumers."
Nah. Record companies dislike people stealing their music (it's nothing to do with MP3 as a format) because then they don't get the profit they are entitled to (for investing in the music in the first place). The decreased sales figures that have just been published do demonstrate that something is wrong.
"Before, magazines would hype up albums and you'd shell out your cash. If you were disappointed, well, tough titty."
Since when? You've always been able to go into HMV, buy a CD, take it home and give it a listen, then if you don't like it, take it back next week to swap for something else. Stores have also had llistening posts for years, and now official artist sites offer the online equivalent.
"Nowadays people avoid buying music they don't like by listening to it first."
So are you saying that people didn't used to have the common sense to try before they buy?!?
"On the flipside, how many people buy albums as a result of hearing tracks online first?"
I do! I do! I hear them online via the streams offered by the labels themselves (often via 3rd parties like NME.COM/DiS/e-cards etc.), then I go out and buy them (or order them online for cheap 'cos then I don't need to help pay for pretty shop displays and checkout tills).
"As well as MP3s, there's also fantastic sites like www.launch.com -- if record companies embraced the Internet pro-actively they could target the right people for less money."
Erm, how do you think the music gets onto launch.com? They can't just make magic it up out of thin air - it all comes from the labels. Hence they are already doing what you suggest.
P.S. The White Stripes are shite no matter how much or how little they spend on their recording process.
Re: Implode.Exploit. Repeat
You're right, people try not to keep making the same mistakes, but to be honest I'd say that mainstream music buyers are pretty happy with what they buy. They've heard the singles on the radio, day-in day-out, so they know what kind of thing they're getting.