Neil Young on Music and 'Piracy'
Here's an excerpt from this interesting article.
UPDATE from Greg Privette:
High quality audio recordings could actually help curb piracy by offering something of better quality than the pirated versions available, said Young, though he has no real problem with piracy as it exists. “I look at the Internet as the new radio,” he explained. “I look at radio as gone … Piracy is the new radio, that’s how music gets around.”(Thanks to Daniel McAdams)
UPDATE from Greg Privette:
From my understanding of the music business it would seem to me that most of the artists should be OK with so called “piracy.” I believe the main financial beneficiaries of the old model of distribution are the big media companies. Typically the artists get very little of the money from music sales and instead make their money through live tours. There are volumes of stories over the years of artists who made it big but had contracts where the only ones to benefit financially from their success were the record companies. Under this set up it would seem that “piracy” would actually benefit the artists by getting their music wide distribution at almost no cost. This gains them a following of people who then pay to see them in live appearances. As Gary North points out in many of his articles, the cost of all types of publishing have been driven to near zero by digital formats and internet distribution which dramatically lower the bar for entry into these fields. The only ones screwed in this situation are the old, entrenched, outdated big media companies that were bypassed by technology and are turning to the government to save them through forced preservation of an outdated
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