Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Public Enemy on file sharing: Help yourself

? Google at $403. Is it worth it? |


| In reversal, music company target of file-sharing suit ?

November 18, 2005

Public Enemy on file sharing: Help yourself

Steve Rosenbush

It might seem that musicians are united against free file-sharing, but that's not the case. Public Enemy is releasing its new album, New Whirl Odor without a major record label. The music is being sold directly to consumers through cell phone networks using services from m-Qube. The CD also is available through Best Buy and REDEYE is sold without digital rights management or copy protection, both of which Public Enemy opposes. Manager Walter Leaphart says the group has been releasing music in the form of free MP3s since 1996. In his estimatation, most artists have little to lose in the world of file-sharing. In most cases,the only money they receive from the record company comes in the form of an advance. Since many costs, including the production of a video, are charged against the advance, "it's easy to sell a million records and still owe the record company money," he said in an interview. And he doesnt' buy the argument that file sharing is stealing, either. "No one has a problem if you make a copy of a song that's played on the radio. Why is this any different?" he asks. That's why the record companies are at risk of being pushed aside by musicians who sell directly through the public or through social networking sites like MySpace. And besides, he argues, the main concern is getting the music out there, not selling more records.

03:57 PM


TrackBack URL for this entry:

You are sitting at a desk of a multi-billion dollar content provider, who pay you for the content you contribute. You make have six projects going to get your full salary for the year, cool for you.

But the full content in your employers product, costs multi-billion of dollars to sustain its quality, and still deliver a profit to share holders ..and continue the quality content delivery to your customers.

Big bucks to kept in place. And more money to deliver it. If you think vegan music providers, artist without sustainable income, are going to get full content into the system, then look again at multi-billion company you work for and that delivers your content.

I am only defending the big business, and the big music business, because it now pays, and will continue to pay, the first and last mile in delivery of internet content.

Burt Helm's article: Online Music's Elusive Bottom Line

The article is in part on getting share to gain profit.

Posted by: Mike Reardon at November 21, 2005 12:37 PM

blog comments powered by Disqus