Video: http://ignitephoenix.blip.tv/file/1465778/
Event: Ignite Phoenix 2
Event Date: October 29th, 2008
Lets face it, the [traditional] music industry is f*cked! For too many years, they’ve raped musicians, while screwing music consumers out of every last penny they could! I mean, $18 for a CD that cost 5 cents to make? C’mon!! WTF?!?! While the iTunes music store proven that digital music downloads could be turned into a viable business, even Apple is threatening that any change to the business model could force them to shut down the iTunes music store. The reality is, the traditional music industry just doesn’t work anymore. We need new solutions, and a new business model. We need a solution that fights global poverty by helping musicians to earn a living from their music, whether they live in Nashville, or Nambia. We call that solution “Social Entrepreneurship Applied to the Music Business.”
8. quot;If (the iTunes store) were forced simply to
absorb any increase in its mechanical
Phoenix
royalty rate, the result would be to
significantly increase the likelihood of the
store operating at a financial loss. Apple has
repeatedly made clear that it is in this
business to make money and most likely
would not continue to operate (the iTunes
store) if it were no longer possible to do so
profitably.quot;
Eddy Cue
Vice President of iTunes
13. “Talent is not the barrier to these
musicians’ careers: exposure makes the
Phoenix
difference... This is a great opportunity for
the Internet to be fully utilized to help build
real careers for real musicians.”
Kimber Lanning
Owner, Modified Arts & Stinkweeks
15. “If you give people a chance to make an
impact, and you let them see the evidence
Phoenix
of their impact, they will respond. They
naturally want to make a difference in the
world, they want to respond but mostly they
feel helpless.”
Matt Flannery
Co-Founder, Kiva.org
from CauseWired