Tag Archive for 'Media Ownership'

Major Labels Facing Antitrust Investigation?

Published on February 11, 2008 in Blog. 0 Comments Tags: , , , , , , , , , , , , .

Spotted on: Techdirt

Although the details are sketchy, the US Justice Department is looking into whether a subscription for the Big Four labels is an antitrust violation. Back in 2001, there was an antitrust investigation against the major labels for…. a subscription service. According to The Register, the Big Four have already been served notice this time around. Although the details are sketchy, it is apparent that the Dept. of Justice has an eye turned toward the industry (again).

Investigations around “Big Music” have been ongoing for the last few years. In 2000, the Federal Trade Commission settled with the major labels on price fixing and unlawful advertising practices relating to “Minimum Advertised Price” policies.

Super producer Rick Rubin has said “The subscription model is the only way to save the music business. If music is easily available at a price of five or six dollars a month, then nobody will steal it.” He also said, “Until a new model is agreed upon and rolling, we can be the best at the existing paradigm, but until the paradigm shifts, it’s going to be a declining business. This model is done.”

While a subscription service may stem the tide of file sharing, will it provide any kind of sustainability for artists? CD sales are falling end over end, but digital sales are brisk, and touring and merchandising are still viable revenue streams.

Everyone agrees it’s time for a new model, and noone seems to know what the new model will be. The sky may be falling, but music is still a multi-billion dollar business. The future lies in creating a model that generates positive public perception, convenience, and collectibility. The platform may be shifting wholly to digital music, but that doesn’t necessarily mean people won’t buy music anymore. The advent of the “360 deal” shows that the industry is embracing a new kind of marketing, where the band is the brand, not the content. At the end of the day, it’s all about the music, and people will pay for convenience and for music that they love.

Bottom Line: The paradigm shift at the heart of the music industry is upon us.

EMI Taking First Steps to Quit RIAA, IFPA

Published on January 24, 2008 in Blog. 0 Comments Tags: , , , , , , , , , , , .

Spotted on: Ars Technica

Although still unconfirmed, rumor has it that EMI is seriously considering pulling their funding from the RIAA.? According to a recent Variety article, EMI has taken early steps to exit from the IFPI, the international version of the RIAA.? Part of the move is a demand by EMI that the RIAA and IFPA produce a proposal on restructuring by March 31.

Citing the massive cost of participation in these trade organizations, it seems EMI is very unhappy with the results being produced by the RIAA and IFPI.? The public relations nightmares these organizations have created has been a major contributor the devaluation of music.? If file sharing wasn’t labelled an almost terrorist act, it could have a huge impact on the perceived value of music.

More as this develops….

Studying? More like cramming…

Published on November 27, 2006 in Article and Blog. 0 Comments Tags: , , , , , , , , , , , .

Spotted on MSNBC

Here’s something from a couple months ago. It’s novel to occasionally look back at all of the information that never makes it to us, the media consuming public.

The FCC ordered all copies of a study on the localization of media ownership destroyed. This independent study examined the difference news coverage between locally owned and non-locally owned (i.e. transnational corporate) ownership of Television stations. Since there are no copies of the report right now, it’s hard to say what’s actually in it.

Thanks to some civic minded folks, here’s the clip of Senator Barbara Boxer ripping FCC Chairman Kevin Martin a new one, along with a description of the report. Apparently, Sen. Boxer was sent a copy of the report anonymously (Video courtesy of C-Span via YouTube).

Apparently, the study concludes that local ownership of TV stations increases the amount of local news coverage by about thirty three hours of news in a year about your area. Now, lots of local news may seem hokey and trite, but 33 hours more is plenty of room for real stories of value about our communities.

It would seem that the trend for the FCC is to only release information that is favorable to corporate consolidation of the broadcast medium, and all conflicting reports seem to be squelched. You can view two of these reports here and here, through the Fairness and Accuracy in Reporting website. A few politicians demanded and investigation into this incident, but somehow nothing further has surfaced. It did take more than a few minutes of crawling through the interweb to find out that there was an inquiry made at all. That story never made it out as a press release. In fact, there doesn’t seem to be nay follow up on this story at all since then.
The Benton Foundation has a great list of link about the issue of media consolidation and local representation on the airwaves here. Of course, it’s not all bad news. The FCC started a new Review of Media Ownership Rules in June, so maybe this time they’ll give us back the airwaves. They’re even holding public hearings.

In the meantime, you can take stand to help free the airwaves by checking out the Prometheus Radio Project. With the corporate move to digital, they should consider turning the radio dial over to the people again. Unless they take FM and AM receivers out of cars…

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