3 ms·
> How do you rationalize the movie industries increasing year to year profits...? OK, so "no longer viable" is perhaps a bit of hyperbole. Perhaps a better wor
by thristian 12y ago
> How do you rationalize the movie industries increasing year to year profits...?
OK, so "no longer viable" is perhaps a bit of hyperbole. Perhaps a better word would be "doomed", which is to say that the economic axioms it was built on are no longer as firmly true as once they were, so the industry cannot continue in its current form indefinitely. It may continue for a little while from sheer momentum, and until the future becomes more evenly distributed, and it may eventually reinvent itself (and I hope it does) in a way that is sustainable under these new conditions, but something's got to change.
> Although I don't have numbers, it is my impression that many more musicians / songwriters are making a full time living at their music than in the past.
My impression is that a lot of these musicians and songwriters are finding fans over the Internet, playing small venues and touring small areas, with maybe the help of a manager or two. When most people think of a phrase like 'rock star', they probably imagine someone who finds fans by paying for lots of radio play, who fills stadiums and tours the world with the help of a giant record label who might have hundreds or thousands of artists signed to it. When I say 'the entertainment industry is doomed', I'm heavy on the 'industry' - the giant record labels, the world tours and saturating advertising are doomed because digital reproduction puts a cap on how much money can be extracted from a particular recording. These musicians and songwriters you talk about have already figured out how to earn a living in the post-Internet era, and I hope they can serve as an example to artists in other media who currently believe that the existing industry must be propped up indefinitely so they can earn a living.