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More Evidence the Music Industry is Run by Fools

It's one thing to get paid when someone plays or hears your song.

It's another thing to get paid when someone plays or hears a sample of your song.

There's a reason why the word "sample" is usually preceded by the word "free," and it's because nothing sells something like a little piece of that something.

Hence the value of movie trailers and free book chapters and trial subscriptions and sampler tables at the Costco – all there for free.

So leave it to the music publishers – the folks who pretend not to recognize that radio airplay constitutes free promotion which in turn sells music – to pretend not to recognize that free samples do the same thing.

"(On iTunes), you can stream radio, and you can preview tracks, things that we should be getting paid performance income for," says David Renzer, CEO Universal Music Publishing Group, who obviously achieved that elevated role through the kind of sharp acumen which can only be found in the music industry.

Radio station performance fees are already being resolved, of course.  At issue is whether or not the publishers are paid for what amount to "hooks!"

Listen, Mr. Renzer, if you think a 30-second sample is a "performance" I urge you to see how much applause your favorite band gets when they play just 30 seconds of any song.

Probably the same amount of applause your consumers are giving you right now.

What the music publishers can't seem to get through their thick, corporate skulls is this simple fact:  Consumers hate them.  And it's their own fault.

View Comments
  • Nostalgia is not much of an argument in 2009, Michael.
  • Apparently you're not understanding my message that the discussion is over, Michael, because we will not agree.
    I'm sure you - and your music industry peers - are happy to be in the minority. Because that is where you are destined to be.
  • Michael
    Never concerned to be in the minority, there is a reason why "groupthink" and "convential wisdom" are generally considered as negative terms.
    I assume you read today that Verizon has agreed to pay ASCAP $4.99 million in preliminary royalties on ringtones (based on the court case this post was referencing) and $270,000 per month until the court issues an order setting the final fees. No indication that Verizon is planning on passing on the cost to consumers today either.
  • Michael
    "Does anyone honestly believe I would purchase any song unheard?"
    Well, you are probably too young to realize that the golden age of record labels was built on people buying songs they hadn't heard. Practically everyone bought songs without hearing them. Song recordings used to be tied to physical media like vinyl records, magnetic tape and polycarbonate CDs. People would hear one song they liked on the radio and buy a thing called an "album" which contained a popular song or two with a dozen other songs that you couldn't hear on the radio and had generally never heard at all, and that weren't available as a download on some site.
    Nowadays there are people, not you, who buy a subscription to music services like Rhapsody and Pandora to pay to listen to music they have never heard before.
  • Well obviously we are not going to agree, Michael. I presume you know your opinion is in the minority. Thanks for sharing it, though!
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About

MRM President Mark Ramsey has worked with innumerable television and radio broadcasters over his career, including all the biggest names, from Clear Channel, CBS, Bonneville, Sirius XM...

Mark Ramsey