Tech journalist Robert X. Cringely posits a clever model for a legal music sharing business. It’s a surprisingly workable idea, which just requires a whole lot of lawyers and a few million dollars. On the down side, there’s no room in this model for compensation for artists, beyond whatever share of the list price of a new CD that they would get at retail. Cringely views it as not a problem, since artists are making so little money from recording anyway. (And he also recommends a share of company earnings be reinvested into artist development.)0
About Joe Taylor Jr.
Joe Taylor Jr. has worked with professional musicians for over fifteen years. As the author of "Grow Your Band's Audience" and three other books for working musicians, he helps artists grow audiences that support them without the help of managers, labels, or industry insiders.