Friday, August 25, 2006
Terry McBride Wants to Shake Up the Music Industry
Posted by Jason Dunn in "ARTICLE" @ 11:00 AM
"Terry McBride has an idea. Another idea. A good – no, a great idea. McBride, CEO of Nettwerk Music Group, is sitting in his Vancouver, British Columbia, office with his local marketing staff discussing strategy for the release of a new album by Barenaked Ladies. The marketing departments in three other cities are conferenced in. The conversation ping-pongs from Nascar promotions to placement in a Sims videogame. McBride is on a roll. "This one's a real wingdinger," he says, leaning into the speakerphone so New York, Denver, and Los Angeles won't miss a word. "Let's give away the ProTools files on MySpace. Vocals, guitars, drums, and bass. We'll let the fans make their own mixes." The room falls quiet. Musicians usually record their instruments and vocals on separate tracks; the producer and mixer combine those tracks into a finished product. McBride wants to make the individual files available so that amateur DJs can use them like Lego bricks to create something all their own. The record industry likes control. McBride is proposing unfettered chaos."
A fascinating article about how the music industry as we know it is changing, and it's not just about selling CDs anymore - for a band to be successful, they need to profit from the intellectual property of their music in myriad ways. A great read!
A fascinating article about how the music industry as we know it is changing, and it's not just about selling CDs anymore - for a band to be successful, they need to profit from the intellectual property of their music in myriad ways. A great read!
