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EMI says iTunes has too much 'influence'

Jagi

Jagi

True Fist of the North Star
OG Investor
EMI says iTunes has too much 'influence'

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UK major label EMI this week railed against Apple's iTunes in the body of its latest annual financial statement.

The record labels are unanimous in their praise for Apple's achievements in online music sales, but resent the huge slice of the music sales market the company has carved out. Apple is now the biggest music retailer in the US, for example.

This gives Apple too much control, label bosses feel. Now EMI has found this sufficiently significant to warn that a key risk to the music industry is:

"The substantial dependence on a limited number of online music stores, in particular the iTunes Store, for the online sale of music recordings, and the resultant significant influence that they can exert over the pricing structure for online music stores.”

This warning was included within the company's most recent financial statement, in which the label confirmed continued decline in CD sales, but said digital revenues now accounted for 8.1 percent of music publishing revenues, up from 7.4 percent in the same period last year.
 
Mufuckas tried to tell me in the hip hop forbes thread the other day that Itunes dont sell. :rolleyes:
 
Fuck EMI and the rest of these labels. How about finding real talent and stop pushing these wack ass artists and their garbage music and maybe I'll be more inclined to buy a full album.
 
JD Walker said:
Fuck EMI and the rest of these labels. How about finding real talent and stop pushing these wack ass artists and their garbage music and maybe I'll be more inclined to buy a full album.
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The problem with this is that a lot of consumers have no clue on how much it cost to record, package, and promote an artist. If the money is not made to recoup from monies invested then they will cease to invest monies in ventures that's costing them more than what they are making back. If people are buying the said garbage you are talking about then they will go where the money is at....that's simple economics.

For most of the people that have iPhones, iTouchs, and iPods...the only way they know how to get music or movies is to purchase it which is a good thing as far as record sells are concerned. But the consumer/the people don't realize how much the contribute to the damage but always want to voice their opinions. pointing the finger, as if they had nothing to do with it.
 
wutdadeal3 said:
The problem with this is that a lot of consumers have no clue on how much it cost to record, package, and promote an artist. If the money is not made to recoup from monies invested then they will cease to invest monies in ventures that's costing them more than what they are making back. If people are buying the said garbage you are talking about then they will go where the money is at....that's simple economics.

For most of the people that have iPhones, iTouchs, and iPods...the only way they know how to get music or movies is to purchase it which is a good thing as far as record sells are concerned. But the consumer/the people don't realize how much the contribute to the damage but always want to voice their opinions. pointing the finger, as if they had nothing to do with it.
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Yes, we consumers may be clueless about the music business fundamentals but we do that they've been getting over the artist and the consumer for a very long time to care.

You can't deny that these music conglomerates made a pretty penny moving from record pressing to CD burning. Nextoff, it's also cost effective to launch into mp3 format instead of simply archiving the music as their original intent. They compromised the sound quality but haven't offered a kickback to the artist, only to the investors.

But I blame the artists to an extent. No one's content to being confortable---only being rich. And the music industry gives a shoddy offer for your soul. :smh:
 
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wutdadeal3 said:
The problem with this is that a lot of consumers have no clue on how much it cost to record, package, and promote an artist. If the money is not made to recoup from monies invested then they will cease to invest monies in ventures that's costing them more than what they are making back. If people are buying the said garbage you are talking about then they will go where the money is at....that's simple economics.

For most of the people that have iPhones, iTouchs, and iPods...the only way they know how to get music or movies is to purchase it which is a good thing as far as record sells are concerned. But the consumer/the people don't realize how much the contribute to the damage but always want to voice their opinions. pointing the finger, as if they had nothing to do with it.
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:angry: True what you say here but I'm with JD on this one... fuck EMI and all these record companies that have been ripping off and delaying artists' growth over the past 50 - 60 years! :angry: Now the artist has the chance through different Internet sources to market their music to the masses. With a little investment in themselves as far as studio equipment and online marketing, most artists will thrive in the new environment.
 
LMAO!

So a record company is now crying that a distributor has too much power?

Really? GTFO.

Record companies have been raping and pillaging retailers, distributors, and artists for years. Now that the balance of power has moved (a bit), they're crying.

Eat your food and shuddup.
 
I was reading that Rihanna's label enlisted the same producer from her song with Eminem to try to make another similar hit. That's the problem. The labels should let the artists create. But instead they treat art like a commodity. One artist creates something that sells, then other companies mimic that product in order to gain similar sales. That is what waters down creativity and ultimately hurts sales. The labels are the reason no one is interested in purchasing music anymore.
 
texast said:
I was reading that Rihanna's label enlisted the same producer from her song with Eminem to try to make another similar hit. That's the problem. The labels should let the artists create. But instead they treat art like a commodity. One artist creates something that sells, then other companies mimic that product in order to gain similar sales. That is what waters down creativity and ultimately hurts sales. The labels are the reason no one is interested in purchasing music anymore.
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But this has been model of the music business for decades. It's in a record labels best interest to copy a working "formula" until it no longer sells.

Record labels sell records, not art. Art to them is the commodity that helps move the record.
 
texast said:
I was reading that Rihanna's label enlisted the same producer from her song with Eminem to try to make another similar hit. That's the problem. The labels should let the artists create. But instead they treat art like a commodity. One artist creates something that sells, then other companies mimic that product in order to gain similar sales. That is what waters down creativity and ultimately hurts sales. The labels are the reason no one is interested in purchasing music anymore.
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if they had any sense they'd realize that people are buying creativity and artistry now. so the more creative and different and good you are the more you will sell.
the more you sound the same the less you will.
when a record company decides that they want their artists to make an impact and make good new music thatll be the company that is on top.
 
largebillsonlyplease said:
if they had any sense they'd realize that people are buying creativity and artistry now. so the more creative and different and good you are the more you will sell.
the more you sound the same the less you will.
when a record company decides that they want their artists to make an impact and make good new music thatll be the company that is on top.
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wtf u talking about? none of the artists in the top ten sales figures meet your criteria about what people are buying
 
I do think Majors need to watch out for their own sake because there's going to become a point where artists just say fuck labels and deal directly with Apple. Just like Banks did with Beamer, Benz and Bentely which oddly enough got him signed to EMI.
 
texast said:
I was reading that Rihanna's label enlisted the same producer from her song with Eminem to try to make another similar hit. That's the problem. The labels should let the artists create. But instead they treat art like a commodity. One artist creates something that sells, then other companies mimic that product in order to gain similar sales. That is what waters down creativity and ultimately hurts sales. The labels are the reason no one is interested in purchasing music anymore.
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This is what has to happen though. I don't agree with it but the consumer doesn't like change. Every once in awhile a Lady Gaga can sneak through. A Cudi can sneak through. A BOB can sneak through. But labels put millions into artist development to where they can't even take a chance anymore. They have to go with what they know people will buy compared to what they MIGHT buy.

Flawless said:
wtf u talking about? none of the artists in the top ten sales figures meet your criteria about what people are buying
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I can't speak for him but I have to agree with him. Artists like Britney Spears who are label made artists can't even fuck with the type of artists that are making noise now. Christina Aguilera who has vocals can't even fuck with them.

Lady Gaga, Cudi, Drake, BOB.....say what you will about them but they're a breath of fresh air. And i'm sure they have labels wondering what the fuck to do because they can't just throw some bullshit to radio with a catchy hook like they USE to.

The weak are slowly being weeded out. As you see niggas like Jeezy and to a lesser extent TI have no buzz right now because they dropped the same singles that would've been a hit 3 years ago but now? Not so much.
 
Race Harley said:
:angry: True what you say here but I'm with JD on this one... fuck EMI and all these record companies that have been ripping off and delaying artists' growth over the past 50 - 60 years! :angry: Now the artist has the chance through different Internet sources to market their music to the masses. With a little investment in themselves as far as studio equipment and online marketing, most artists will thrive in the new environment.
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I feel ya...but more than half the time the artist have no clue to good or real music. They're egotistical and think that they are hot like there isn't any other people in the world. Some need to learn (direction). But we'll see how much more good material or garbage comes out...lol
 
Heist said:
But this has been model of the music business for decades. It's in a record labels best interest to copy a working "formula" until it no longer sells.

Record labels sell records, not art. Art to them is the commodity that helps move the record.
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You are right about this being the model for decades but you are wrong about the formula part. A record or cd is a blank piece of vinyl or plastic used to transfer artistic works. Part of the problem is the art is neglected. You have identified the problem. Record companies see themselves as selling records, not art. That's like going to an art gallery that says we sell picture frames. We don't care about whats in those frames, we just want to sell a bunch of them. Meanwhile the customer is looking for a unique portrait within that frame so his need isn't being met. Record companies can copy formulas such as marketing techniques and business models. But the fact that they have tried to mass produce art has come back to bite them all in the ass. At this point record labels are useless. The only benefit they provide to an artist is upfront capital and mediocre marketing. If they don't change their business model, they will go the route of the dinosaur.
 

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