I hate re-posting stuff that’s already on the web – there’s enough noise out there.
But some notes on Ian Roger’s recent talk at MusicTech Seattle say everything I want to say about Penny Distribution and our goals – and indeed, the goals of any music company in the 21st Century:
“Any of us, myself included, that are not either the artist or the fan, are just potentially in the way. So it’s on us to provide value. To provide real value. And that’s fine with me. I’m very happy to say, OK, my company has to provide real value. My company is not about lock-in. It’s not about me owning your masters. It’s about me providing value to you, and if I can’t, well, then I should get the hell out of the way. So I really encourage you, when thinking about the music business, to think about marginal profitability for artists first and foremost, and to think about the companies that enable that, and to forget about the ones that don’t.”
Update II: Looks like the big boys are taking notice of the switch too…EMI are focusing on Fan/Artist relationships now as well.