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ADISQ still clueless about the Internet (6)

April 17th, 2008 · by Heri · Technology

ADISQ, which represents the music industry in Québec, is holding a series of talks and roundtables in hopes of understanding the Internet and how they can possibly fit with the new media. The talks began yesterday; high on their agenda is cooperation with ISPs, bandwidth throttling, net neutrality, new strategies and new business models, and new public taxes.

Yesterday, most speakers seemed to agree that ISPs must pay a compensation to the industry.

I have no words to state how stupid this would be (although less stupid than their last common declaration), and for the first time, was feeling sympathetic to the Bell representative, who claimed they shouldn’t be the only responsible. For ADISQ, here is a bunch of facts which happenned in the music industry for just the past month:

  • iTunes is now the #1 music retailer in the US, with 19% market share, just in front of Wall-Mart (apr 3rd 2008)
  • Myspace has opened a new music business, with 3 music majors, (Apr 3rd)
  • Amazon is now #2 in digital music sales (mar. 26th)
  • Univeral Music has launched Jiwa in the US, a freely avalaible website where users can listen to +250.000 tunes. The website is monetized by advertising and part of the revenues go directly to the artists (mar. 25th 2008)
  • Nine inch Nails got $1.6million from their latest exclusive online album (mar 14th 2008)

ADISQ just proved again they are a dinosaur, clueless about the fact that majors are dying, that albums sales, as we know it, is a thing of the past (except for those rare moments where you buy them as gifts), and the key is having artists embracing the new distrubition channels and talking directly to their fans.

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