Friday, May 15, 2009

The music industry is stronger than ever! Except for one thing.


Today I'm going to express my views on the current state of the way physical CD's are distributed.

This week, I was sitting down with my doctor when he asked about my profession. I kindly replied "I own companies in the music industy." All of a sudden his eyes lit up with excitment followed by him stating that he wants to open up a record label once he had some more free time away from his medical practice and he then asked, "what did you think about that?"

My first response went something like this: "Ohhhh, I don't know if that's such a good idea...labels are kind of dead." I then went on to explain why labels are so hard to make work. I said "it's not the label side of it that's the hard part" because anyone can own a label. "The hard part is finding successful distribution. Even major labels are finding it hard to sell physical CD's anymore. They say people just aren't going to the records stores to purhcase their music."

Now we all know physical CD sales are on the downward slump and, to most, this form of selling music is dead!  But is it??? I know personally there is nothing like getting a new CD from a band I like and ripping off the cellophane and cracking open that new CD, looking at the disc art and then  popping that baby into the player to discover tracks that I haven't heard yet on Myspace or something. There's nothing quite like it!! "I can't be the only one who feel like this" I thought to myself. I mean, even my doctor is into it!

So how can the industry get back to the days of record breaking CD sales? Well, for one, change the model in which physical CD or distributed and sold. I know that sounds retarded because you would think that some big brain in the industry would have thought about this by now but apparently not. 

One way the industry could make headway in this sector in my opinion is to turn music lovers into CD sales reps like how Mary Kay does with cosmetics. Music builds communities and helps gather strangers to mingle and meet each other (music festivals ring a note), so why not give music lovers the opportunity to earn money and help out their favorite bands by  going out and forming listening parties with the newest music available and have them sell it to there peers and their friends? I know this sounds absurd, but it could work, or at least it could be one piece to a large puzzle for record sellers to sell more records.  Just a thought......... 


1 comment:

  1. david hitt from port charlotte fla,music industry rip off and failure.

    ReplyDelete