Are MP3’s killing the music industry?
So I was websurfing when I came across an article on NPR about the creator of the MP3 and how the MP3 is killing the music industry. Then I drank a lot of beer and wine, ate some fish over risotto and then I sat down and hammered out this opinion:
“I think the MP3 has done the opposite. No longer are A&R execs playing the role of tastemaker - the tastemakers are the fans themselves, the kids with the blogs that live, breathe, and consume music. If anything, the MP3 has given the power to the people in terms of freedom to choose what they like rather than becoming a faceless demographic in some stuffed-shirt’s spreadsheet. This is punk rock. Do-it-yourself, market yourself, rockstardom on your own terms. This is a good thing for the music industry because it goes against the homogeny that is basically crammed down the throats of the consumer in every other sector of the economy.”