Media futurist predicts a songwriter’s strike due to the failings of the Performing Rights Organizations (PROs). I believe there’s a good chance he’s right about this; –the industry and the courts still haven’t gotten a good handle on a digital world without borders.
A lot of bloggers are pointing to the end of the record labels. I read with interest the post about “Digital is more than just the Internet“ from New Music Strategies. The point is well taken; –the industry was not prepared for the wide open spaces and changing formats/distribution methods. Change takes time and the folks who made a living off the status quo were slow to see the handwriting on the wall. But don’t rule them out yet.
Seth Godin published some new music lessons for the industry to think about. (hypebot, our digital music).
The Digital Rights Management experiment apparently failed, so the labels will have to come up with something new(our digital music). My bet=look out for digital watermarks that track the tracks (Listenerd).
The RIAA is probably not dead. (Mashable via Listenerd). I know my job continues to change incrementally. The same can be said for the industry, even though change can be painfully slow (and those who do not change are condemned to fade away).
Finally, we’re all here for a purpose. Look at Louis’s post and contemplate the future. What changes do you need to make?