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Conventional Wisdom Accelerates The Long Tail
Companies are talking a lot about the Long Tail.
They look at sales of obscure back catalogue increasing and wonder how
they can stay ahead of the consumer. They wonder why sales of CD's are
declining. They try to figure out how they can find the next ring tone
gold mine. They worry about P2P, which in spite of iTunes, still
accounts for more than 80% of the network data traffic according to
some of the industry insiders that I have talked to.
And all the time they keep applying conventional wisdom to their problems. No wonder they never find the solution. I like jazz guitar and discovered No Idle Frets. Its a regular podcast by Nick Carver who seems to really know his stuff. However, he is constrained by copyright owners not allowing music copyrights to be distributed in the podcast medium. So he only uses "podsafe" material. This material is all music that is not published by mainstream music publishers. It is new music, often composed by the performers. The recordings Nick plays are all outstanding in quality. The compositions are excellent. And I get exposed to music that I wouldn't normally hear, because in a normal jazz radio program, for instance, there would be a strong tendency to play a reasonable proportion of standards. So, because of the inability of the music publishers to understand and respond to the innovative communications medium that podcasting represents, they actually foster the growth of interest in new music. Conventional wisdom and action is driving the Long Tail further and faster.
Comments
Re: Conventional Wisdom Accelerates The Long Tail
by
Richard McKinnon
on Fri 21 Oct 2005 03:44 PM EST | Profile | Permanent Link
How nutty is that? A guy want to devote his podcast to their music and the majors won't allow copyright music to be used. ie won't allow free advertising and sampling? No wonder their creaking under their own weight. I wonder if you fired most of the execs, particularly the defenders of the faith, whethr it would make any diffference to the individual companys performances.
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