Comments on: Has music been devalued?

By: Steve

Steve — Thu, 01 Mar 2012 15:38:38 +0000

I think when people say “devalued” they are referring to the economic math of it, not other lenses through which you could view it, i.e. emotional attachment, perceived quality of the ascetics, and so on.

Music costs dramatically less and people are willing to pay less for it. The markets perceived value of any one particular piece of music has declined therefore the economic value of digital music is less.

If an artists could charge $17.99 to hear their album on YouTube rather than basically for free, then they would but they can’t because people would inevitably say, “Your art is not that valuable to me, I’m going to move on to the next guy.”

Interestingly, I bet that artists could sell a vinyl record of that music for $17.99 and that’s because society values the record higher.

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By: richardmac

richardmac — Fri, 14 Nov 2008 12:10:30 +0000

I realize this is an old thread and so therefore perhaps no one will read this comment. But…

But I disagree with the author (a very rare thing for me.) Music does NOT have the same value TO PEOPLE now that it did 20 years ago. You can argue verbage all you want, but go out into the world and ask people. Non-musician people. Music had more value when it was one of the only games in town. It competed for our attention with three channels of TV. No video games, no Internet, no video on demand, no 500 channels of cable.

Kids used to go outside and play catch with a ball. Kids used to go inside and put on a record and just sit and listen. Most kids today don’t do either, anymore.

By: OzBlog::music & more » Blog Archive » Has music been devalued?

OzBlog::music & more » Blog Archive » Has music been devalued? — Thu, 13 Nov 2008 12:52:06 +0000

[...] Has music been devalued? [...]

By: We7Steve

We7Steve — Sun, 09 Nov 2008 10:29:48 +0000

It is true that people are consuming music in different ways now, but it is also true that if we want to continue enjoying music, songwriters and musicians need to get paid. You can’t make a generation who have never paid for music suddenly have the conscience to do so, so innovative new business models are essential to bridge this gap. Ad-funded free streaming and paid download sites like We7 are one answer, so fans get free music funded by advertising and bands get paid – everyone’s happy.

Steve Purdham
CEO – We7
http://www.we7.com

By: Milton

Milton — Fri, 07 Nov 2008 21:34:05 +0000

The “value” of “music”…The “value” of the “media/format/product”

Semantics is a bitch!

What is the value of a fond memory triggered by a fave tune? Certainly NOT the same as the value of the format you are using to listen to the song.

That’s all.

By: David Andrew Wiebe

David Andrew Wiebe — Fri, 07 Nov 2008 17:15:44 +0000

Great post. This is something that has been swimming around in my mind for awhile, and I wasn’t sure what to think, but I think you’ve got some good points. What has changed is the way in which music is consumed, not the value of it. Thanks for this insightful post.