how much is music worth?
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HOW MUCH IS MUSIC WORTH?Article Written by Steven Levy
Presentation by Danielle Krieger
Levy, Steven. Newsweek 0/29/2007, Vol. 150 Issue 18, p20-20
http://offcampus.lib.washington.edu/login?url=http://search.ebscohost.com.offcampus.lib.washington.edu/login.aspx?direct=true&db=a9h&AN=27188919&site=ehost-live
Tuesday, May 19, 2009
Online Commerce Has Changed How Music is Distributed
Image from: canada.com
Tuesday, May 19, 2009
Online Commerce Has Changed How Music is Distributed
Past- Primarily Cds bought at stores
Image from: canada.com
Tuesday, May 19, 2009
Online Commerce Has Changed How Music is Distributed
Online:
Napster
Itunes
Rhapsody
some cds are still sold
artist’s websites
Tuesday, May 19, 2009
Illegal Downloads
Since songs became available online people have downloaded them illegally
Why do you think people steal music and think that it is okay?
Image from: Mipsscan.com
Tuesday, May 19, 2009
How Much is Music Worth?
Apple (ITunes) has decided that a song is worth 99 cents
Rhapsody also charges 99 cents
Image from: Canada.com
Tuesday, May 19, 2009
Rhapsody’s Test
Cut the price of their songs to 49 cents and albums from $10 to $5
Sales went up 6 times
with low costs (no shipping costs) seems no brainer to want to sell more copies at a lower cost to consumers
Tuesday, May 19, 2009
Radiohead “In Rainbows”Offered their song for download with a donation box
many people paid between $5 to $15
1.2 million people downloaded the song in the first few days
going to the artists site people are less willing to rip them off
http://www.inrainbows.com/
Tuesday, May 19, 2009
Discussion QuestionsWhere do you buy your music online and why?
Do you have more music because it is sold online?
Why do you think so many people donated to Radiohead?
How much would you donate?
Do you think more artists should do this?
Tuesday, May 19, 2009
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