Perhaps in a nod to Steve Jobs' hopes that the DRM will be trashed, the New York Times (registration required) reported yesterday that at least
one label will begin to distribute free media on file-sharing networks. The same article hypothesizes that the continued growth of the digital world and the marketing involved with it will surely be the death stroke for radio programmers and DJ's who were once so vital to getting new music broadcast to the buyers.
Despite the song, it turns out that video
didn't kill the radio star after all. But almost 30 years later, will it be the internet and MySpace that does it?
Personally, I like the effort the industry and the labels are willing to go to directly "interact" with consumers. The radio has become a place of conformity where if you want something played it better sound like everything they are currently playing or will play (or so it seems, this opinion could be negligent to what radio "really" does). Of course these sentiments leave out the satellite radio networks (NASDAQ:XMSR, NASDAQ:SIRI), which announced a merger yesterday. I don't think radio is on the way out, despite my opinions and assumptions. There is still enough reliance on the medium to distribute new material to consumers.
Pending on the continued growth of digital media, the success of the plan to distribute media on file-sharing networks will be one to watch. Of course, like the author says these are only teaser files, so the real place to watch will be the sites where redirected consumers can find the full length versions.
For a user such as me, these teasers are interesting ideas, in part because they sound like the promotional discs that are occasionally packaged with magazines (music-related for this example). If the industry is willing to make this step, then Steve Jobs' hopes may come to pass and the DRM will be long gone.
Of course, CDs do not contain the DRM, so the continued, though slowing, sales of that format will continue to matter in the decision as well as the market. For this reason, digital music does not seem like the end of radio. It will only take another bite out of radio's mouth and influence.
Reader Comments (Page 1 of 1)
2-21-2007 @ 12:08PM
Ank said...
I think Sirius will cross $5.50 within 10-15days b'cse on 27 Feb; they
are going to announce the annual results (2006).
If you check the annual reports,
Try to focus on the subscriber base and price from the year 2003-06
Year Price Range Subscriber Base
2004 2.33 - 7.95 1,143,258
2005 4.76 - 7.87 3,316,560
2006 3.50 - 5.57 6,000,000 more than that
Therefore, there is more than 100% growth in the subscriber's base.
Moreover if the company will start the same concept of attracting
customers, will definitely come forward from all his debts