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Originally Posted by David M
I think eventually that when a band wants to cut an album, they will pay a music studio to record. The recording studio will do the editing and the artwork and will be responsible for the end product. The new album will be sent from the recording studio directly to the bands website. When a fan wants an album of theirs, the fan will go to the bands website and pay for the song directly to the website. Bands websites could be clustered into one or two websites whose purpose it is to promote the bands. If the band wants to hire an ad agency to promote the product then so be it. If you want a CD you will be order it directly from the website. The money will then go directly into the bands bank account. There will be no need for a recording industry at that point. This is a little oversimplified but it is the general idea. It cuts out the middle man (the recording industry) completely. It will make music less expensive for the consumer and will make a lot more money for the artists. The artists will become millionaires if there is sufficient demand for their music.
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You're joking, right? You have no grasp of what a record company does - none whatsoever. I could write a disertation on the need for a group like the RIAA - will it change, most certainly. Will what you are describing happen - absolutley not, at least not in our lifetimes. Regardless of what most people think - not to mention what most artists think - the RIAA does protect the interest of the artist. Artists just don't see it because most of todays artists think that a record deal = $$$. When that has never been the case. The equation is this: (Record deal + recoupable $$$) * studio time = Marketable product. (Marketable product - recoupables) * (touring + hard work) = $$$$ And that is very over simplified.
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Software will need to be encrypted into the music itself which puts a limit to how many times a song can be copied to other media. Fair is fair music fans, the musicians need to get paid for their work. It will have to be some darn good 128 or 256 bit encryption that would take a lifetime to bust.
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You're describing - in a simplified way - what we have now.