Kenny, Thanks for posting, good info! Things have changed a lot since 2001. Vinyl is completely gone and digital sales are starting to replace it.
In the next 4 years (by 2012), digital sales could be almost 50% of all sales, and for many indie artists it's already happening. I've been watching the posts at the CD Baby topics: http://cdbaby.org/stories.php?topic=11 and quit a few artists are reporting excellent income from digital download sales, especially from services like iTunes, Rhapsody and Emusic, etc.
Independence, digital sales and music licensing are now the new "frontier" in this rapidly evolving music business.
Thanks again for posting, Michael
There's nothing remarkable about it. All one has to do is hit the right keys at the right time and the instrument plays itself. -- Johann Sebastian Bach
You beat me to the punch, Kenny---I almost posted this too! This is an excellent primer on distribution models from a voice who has been around the block. Just a great, great article for us songwriter/musician types.
By the way, I've seen a lot of concerts over the years, from Led Zeppelin in the late 70's to Neil Young and on and on and on...hands down the best concert I ever saw was Talking Heads.
Thanks for the welcome guys. This is definitely a view of the future and important that we all understand and keep an eye on it. I sort of feel like my two halves (computer geek and poet/writer) are coming together.
Best, KAC P.S. I Loved the sound-bytes that were with the article as well!
I don't think CD will go completely, at least not for a few years, just as vinyl still has a following, though it may be small. I do believe music will be delivered in a whole new way in the future, in which people will have access to all music at all times but will not own it, but will have to pay for it's use. The technology is there, it will take someone with vision and money to make it happen.
The more you taste the bitterness of defeat, the sweeter final victory will be
May the flowers of love forever bloom in your garden of life