Wednesday, December 19, 2007

And You May Ask Yourself ...

David Byrne of Talking Heads has a great article in Wired about (at least) six models for producing music today. Among other things, what jumped out at me was the metric that about $7 of each CD goes towards Label Overhead and Retail Overhead. If online distribution can eliminate that, then a whole new market segment opens up. iTunes gets us partially there, but currently they take a 30% cut - that should rapidly drop to zero if another company could break the monopoly. Hello, Amazon?

No comments: