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9 of 9 people found the following review helpful:
4.0 out of 5 stars
Good background/analysis of the last 10 years of the music business, June 18, 2009
This review is from: Ripped: How the Wired Generation Revolutionized Music (Hardcover)
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Greg Kot is a good rock writer/reviewer, Chicago Tribune columnist, and is frequently published in Rolling Stone (as national magazines go), among other publications. His new book, "Ripped: How the Wired Generation Revolutionized Music", provides a good recap of the last ten years or so of the music industry, as concerns developments on the digital front. I found the book of particular interest, as I have worked in the music business in one capacity or another for almost 15 years and remember pretty much all of what's contained in the book. If you are not aware of, and want to learn about the music industry's recent digital developments, then this book is a very good way to get up to speed.
The chapters focus on key events/artists that were pivotal in the changing music business model over the last decade. Key events such as the rise of Napster (and the music industry's attempts to contain and destroy it, rather than embrace the technology and monetize it), Metallica's fight against Napster, the departure of established acts (Madonna, Radiohead, McCartney, Prince, NIN, et al.) from the major label system in favor of non-traditional music companies/doing it themselves, newer artists availing themselves of technology to reach their fans and `do it on their own' (such as Ani DiFranco, Bright Eyes, and others), the rise/domination of the Ipod and ITunes, and chapter bumpers of various interviewees' mindsets and insights into how they acquire music (eg. Some younger people either don't realize that they are violating a copyright/impacting someone's livelihood, with illegal downloading, or simply don't care). Some chapters are more interesting than others (which might depend on how familiar you are with the artists that Kot covers), though the book doesn't ever get bogged down in boring narrative, and it explains more-recent industry-specific concepts in easy to understand terms for the layman (though a prior understanding, on the reader's part, of the basics of the music industry's workings helps, but is not required).
Kot hits pretty much all the key events that we've seen in the last ten years or so, that have impacted the music industry business model. I'm not convinced there are any answers in this book as to where we're going to be in ten years, which is not necessarily Kot's fault (as he's fairly objective in reporting the circumstances), as the `new model' of the music business is still being created and the kinks of the `new order' are still being worked out. But what's going to happen in the next ten years or so, if older acts come off the road for good, and new acts don't develop? We'll likely hear endless complaints about how new music sucks and no major artists are developing (which is kinda what we're hearing now and have been for a while). I'd like to have seen more speculation on where we're headed. I've also spent a long time waiting for some writer, somewhere, to point out the disingenuous stance of a band like 2008's-independent-Radiohead, for example, that rails against major labels and gives little credit for the help they received along the way, while the 1993-baby-band version of Radiohead was probably only too happy to have a record deal, able to pursue their dream with a label supporting them at the beginning with marketing efforts, so that they could eventually get to the level they're at today (and be in a position to dictate their own future, as well as bad-mouth the system). That's more or less on p. 237, finally, though that point probably needed to be made a bit sooner in the book because it seems to be a key factor present in basically ALL superstar-level career arcs, particularly as they depart labels for DIY deals. Take the labels' money when young and hungry, get into `the machine', attain huge success, get jaded, then bad-mouth the company as having somehow hindered you every step of the way. My take away from what I read was that most of the acts who were nurtured and given two or three albums to develop and became long-term successes, today would probably be done if their first album didn't hit, and looking at barista careers. Unfortunately, the economics of the business might very well not allow for 3 chances these days. Are labels still necessary? Yes, probably, if an artist wants to reach a massive audience, because that's what major labels are geared toward, and because it's hard to get traction (not to mention visibility on traditional outlets, like late-nite shows) when EVERY band out there trying to do it on their own has a myspace page, sans higher-level marketing know-how and connections. It's a double-edged sword: the technology that empowers any/every band to promote itself and possibly actually earn a living doing what they love, is the same technology that overwhelms and inundates users with almost TOO MUCH unfiltered information. Was the industry wrong in not embracing Napster and nipping the problem in the bud, and monetizing it? Probably, but we're way past that at this point, as Kot points out (and I agree with). Now that the toothpaste is out of the tube, and the economics of the business have been turned upside down, who's going to make that marketing-intensive investment, if labels aren't around? It's hard to imagine that a band, doing it on their own via a website and without a label's muscle, will be able to reach the equivalent of being a 5-million seller, but that's probably NOT the object anymore, if they're netting more per download and able to sustain a touring career and fanbase, and make a living. The model is definitely changing, toward empowering the artist, as Kot illustrates effectively over and over in the book.
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4 of 4 people found the following review helpful:
4.0 out of 5 stars
Everything has changed, June 27, 2009
This review is from: Ripped: How the Wired Generation Revolutionized Music (Hardcover)
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Greg Kot makes his point early and often: over the past decade, greedy executives perched at the summits of rapidly-consolidating media conglomerates lost billions of dollars in a clueless and futile campaign to keep music flowing through traditional pipelines. They delayed, dithered, or flat-out refused to adapt their business models to the paradigm-shifts of digital music and peer-to-peer file sharing, and other players rushed in to fill the vacuum. Inherently unimaginative and terminally resistant to change, the music industry has typically released dull, homogenized product, together with a few blockbusters, to generate revenue. Independent companies occupied tiny niches, while the major labels relied on a lucrative pay-to-play distribution system. They put effort into developing performers who showed profit potential and dropped any artist that didn't show a quick return. Then came the revolution. The majors got their keisters kicked by angry musicians and bored consumers who used new technology to make their lives and their culture more interesting. CD prices dropped to nearly half of what they were ten years ago. Even giants like Paul McCartney, Madonna, U2, and the Eagles finally jumped ship from their labels. Not just record companies got hurt: so did artists, producers, publishers, concert promoters, radio stations, and CD stores that refused to adjust to the new reality. No longer do people learn about music from radio, MTV, Tower (which went belly-up in 2006), or conventional, established taste-makers. Now YouTube, MySpace, iTunes, Amazon, blogs, zines, and independent media outlets are conduits for cultural buzz and the wealth it produces. As befits the multi-headed hydra that is music nowadays, Kot has written an unusual, non-chronological hybrid of entertainment and economics reportage. He moves briskly and authoritatively, alternating between discussing the aesthetics of the music and examining the nitty-gritty of the industry. While at times waxing eloquent in his analysis of the creative process and the stories of individual bands, most of his coverage is very concrete, a product of interviews with the artists and businesspeople in the trenches. Kot offers quotes from musicians, insiders, and fans about how the industry has changed, how it works today, and how it's likely to evolve in the future. He contrasts forward-thinking acts like Tom Petty, David Byrne, The Beastie Boys, OK Go, R.E.M., Sinéad O'Connor, Lily Allen, Ani DiFranco, Björk, and Apple founder Steve Jobs with stodgy dinosaurs like Clear Channel, the RIAA, and Metallica, who made the mistake of suing Napster and their own best customers. Entire chapters are devoted to specific performers and their stories: Arcade Fire, Conor Oberst, Death Cab for Cutie, Girl Talk, Prince, Wilco (about whom Kot wrote a whole book), and especially Radiohead each get in-depth profiles. For those interested in the subject of music -- and that includes most young people -- this book is a fine introduction. Those not fascinated by popular music may choose to skip a few chapters that focus on groups they don't care for, but they'll have their eyes opened as to how entertainers are making money these days and how technology is changing the world of business and the world at large.
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3 of 3 people found the following review helpful:
3.0 out of 5 stars
Interesting, but too narrow, September 1, 2010
Greg Kot is an interesting writer and tells many good stories. I sped through this book.
But what he offers here is less than what it should be. He digresses into band vignettes that, yes, I enjoyed reading but sometimes did not lead to a larger point (even though he tried).
He ignores the influence of satellite radio, eMusic, and the opinions of any listener older than those of Generation X (unless they are in the music business).
His focus is essentially the college rock world (for lack of a better term), and what those listeners are into. Meaning: hip-hop is discussed in reference to Kanye West, rap mix tapes are ignored, and forget what someone who listens to reggaeton, dancehall, metal etc might have to say about digital technology. Even though vinyl sales are a very small percentage overall, he fails to mention how they increased almost 100% (I believe) in 2007 or 2008. He doesn't delve into the fate of independent record stores, and how some of those still standing are doing pretty well (including my local favorite, Redscroll Records in Wallingford CT). He mentions some independent labels, such as Merge, but doesn't get into what keeps them running - how exactly are they doing it?
This will be very enjoyable for a certain type of music listener, but unfortunately does not have the larger-scale reporting and research I was hoping for.
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