Comments on: Record Industry Protectionism Killing Digital Music Innovation?

By: MPAA: Fighting Piracy Increases Consumer Choices

MPAA: Fighting Piracy Increases Consumer Choices — Thu, 17 Dec 2009 20:07:14 +0000

[...] “What the music industry never encouraged or even allowed was building an ecosystem around its product,” said David Pakman, a music industry veteran and now venture capitalist at Venrock Associates, back in July while discussing how record industry protectionism is killing digital music innovation. [...]

By: UK Music Manager: �Accordi di licenza forzati per la lotta al P2P�

UK Music Manager: �Accordi di licenza forzati per la lotta al P2P� — Sat, 10 Oct 2009 15:59:03 +0000

[...] [...]

By: UK Music Managers: “Force Licensing Deals to Fight P2P”

UK Music Managers: “Force Licensing Deals to Fight P2P” — Wed, 07 Oct 2009 18:33:40 +0000

[...] are not a lot of entrepreneurs involved in this space,” said David Pakman, a music industry veteran and now venture capitalist at Venrock Associates, back in [...]

By: FAC Embraces Throttling for File-Sharers

FAC Embraces Throttling for File-Sharers — Fri, 25 Sep 2009 18:21:53 +0000

[...] echoes what I reported on this past July when David Pakman, a music industry veteran and now venture capitalist at Venrock [...]

By: D.AN

D.AN — Wed, 26 Aug 2009 17:45:48 +0000

“The reason? Lack of customers. Simply, lack of customers, and VC knows it so they go elsewhere.”

The article stated “less than five have turned a profit”. This does mean lack of customers, but more expenses than revenues, idiot.

“I’ve seen plenty of startups with full access to music from dozens of RIAA labels. But no one comes.”

Do you expect anyone to believe that outright lie of yours?

“Why pay when you can get it for free?”

This is the same typical argument used repeatedly by those who do not understand economics and cannot fathom consumer behavior. Not everything is determined by the price of some item, dumb ass.

“This is obvious.”

You’re an imbecile for thinking everything that you find obvious to be correct.

By: malcolm hume

malcolm hume — Tue, 28 Jul 2009 13:06:22 +0000

“He said of at least 109 venture-backed digital music startups that he knows of, less than five have turned a profit.”

The reason? Lack of customers. Simply, lack of customers, and VC knows it so they go elsewhere. I’ve seen plenty of startups with full access to music from dozens of RIAA labels. But no one comes. Why pay when you can get it for free? This is obvious.

By: Jurgen

Jurgen — Sun, 26 Jul 2009 04:48:34 +0000

This is part of what frustrates me most about the music industry is that the powers that be are still way too cautious with their product and the end result is their own profits are hurt. For example, if I discover a (typically foreign) artist or song through illegal downloads and I want to support the artist and buy their music, 7 times out of 10 the music is available on UK/US iTunes but missing from Australian iTunes.
I am a customer willing to exchange money for music sitting in front of the *World Wide* Web, why can I not purchase exactly what I want? The Internet is the best promotional tool creative industries have ever seen, with the ability to distribute any given product all over the world, and yet these artists are being held back by their industry’s licensing restrictions. Let’s not even go into the amount of time it took for “iTunes Plus” to happen.