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Douchebag of the Day: Bronfman

A record exec, when talking about the need to push for variable song pricing ($0.99 and up), says:

"We are selling our songs through iPod, but we don't have a share of iPod's revenue," he said. "We want to share in those revenue streams. We have to get out of the mindset that our content has promotional value only."

Uhm… right…

8 Responses to "Douchebag of the Day: Bronfman"

  1. Do they get a share of CD player sales? Nope. Then why on earth should they get a share of iPods?

  2. Tommi Kyyr, of IFPI Finland is an even bigger douchebag. He thinks being able to play music on a Linux or Apple computer is a privilege not a right, and that those that can't because of DRMed CDs should just go out and buy a CD player.

  3. that shit is infuriatingly retarded. what a bunch of fucking cock holsters.

  4. Sabre-toothed record execs

    If we listened to that kind of people, we'd all be wearing a watch that would record ambient sound and automatically charge a dollar on your credit card every time you hear a song, regardless of whether it's on a CD you bought, a radio that already pay...

  5. Putting aside the fact that he's confused about what an iPod is, I thought the whole point of a record company was promotion? You sign a contract, they'll get you on the lenos, lettermans and conans of the world or whatever they need to do to generate sales, concert promotion, and recording time in studios(although I think that money comes out of the pockets of the musicans).

    It's very easy and affordable to cut an album on your home pc/mac and sell it on the internet today. Record companies are slowly becoming a moot point as musicians learn that the internet is the greatest place to get your music to people who really want to listen to good music.

    The days of the record companies spoon feeding their pretty but no talent products are hopefully coming to a close. Thank God!

  6. I wanted to add this comment to /. but I didn't want to sign up for an account, so I'll post my 2¢ here, instead.

    Apple doesn't make a profit from the Music either, they actually lose on the iTunes music store. So if Apple isn't taking a cut from the music sales, why should the record companies take a cut from the iPod sales?

  7. The music industry probably makes more from reselling back catalog to the same customers yet again when a format changes. They have just benefitted again, and are seeing THAT particular blip about to wain (this time they didn't have to invest in CD plants however). They are failing to see their cost savings from not having to manufacture warehouse and ship a product that may or may not sell.

    So their job now really IS publshing. They make it public. Thing is, they helped create Radio Formats that have nothing to do with promoting new product. Advertisers love the tried but true (especially your local auto dealership run by the local former quarterback still reliving his high school glory years, propping up your local radio). The music industry had a run of Luck with MTV for a while. Until that became gossip game show reality TV. Here is the rub... if you want to promote NEW product, you are going to have to expose more than the 40 songs a month. You are going to have to take chances.

  8. Timen, Apple earns a small profit on the iTMS.


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