MY MUSIC COLLECTION vs THE KIDS MUSIC COLLECTION
This is my record and CD collection along with the issues from Guitar World from January 1986.
My kids have all of this on their iPod’s and iPad’s.
THE PURCHASE OF MUSIC from RETAIL STORES vs INSTANTANEOUS
I took the kids to the “Record Store Day” two days ago.
They loved the record store and it was their second record store that they had visited ever. They enjoyed searching through the piles of records but hated the following things;
– the line up/wait to pay for our purchases compared to clicking a few keys and having it all happen instantaneous.
– the chance that what I wanted to buy at the Record Store Day could not be there or it could have sold out compared to having the history of music available at your fingertips without any issues. For the record, it was the last copy of the “Killers and Kings” single and the second last copy of the “The Illumination Theory” picture LP.
– that once they found a record that had a cool cover from an unknown act, they couldn’t hear it BEFORE they decided to buy it compared to what they do on-line with YouTube and Spotify.
– the price of the special edition releases. As a hobbyist/collector I paid $30AUS for the Machine Head “Killers and Kings” single and $40AUS for the Dream Theater “Illumination Theory” picture LP. My kids thought I was insane, spending $70AUS on two products, especially when a years subscription to Spotify is just a touch more and for that you get millions upon millions of songs.
MY BOOK COLLECTION and DVD COLLECTION vs THE KIDS BOOK COLLECTION
In other words, Physical books vs The Kindle Touch.
If you are a business that is in the entertainment/arts arena that is still hoping on physical sales for profits, then your business model is challenged.
Research is constantly showing that in order to compete with piracy, sellers of music, movies and books need to have a “free music approach, targeted at young users and supported by advertisements along with a high-quality music offering to older customers, where they pay for downloads but with no visible advertising.”
The take away is this comment;
“Our research shows that consumers do prefer legal and ethical options if available but each age group has different ways of making this economically viable.”
I bet that comes to a shock to the traditional labels and marketing firms. The days of when music was only made available to people who had disposable incomes are over and have been for a long time.
Music consumption is now being driven by different age brackets. The 113 million streams of Katy Perry’s “Roar” is being driven more by the kids in the 4 to 14 age bracket than the 25 plus adults. It is the song of the young, their anthem, their “We’re Not Gonna Take It”.
It all reminds me of a song I once wrote called “Times Are Changing”.
I wrote it in 1993, just when Grunge finally made the hard rock movement a footnote in history for the next decade. And the song wasn’t about the death of hard rock, it was the about the power of a cultural movement enforcing a change that no one could stop. As the pre-chorus stated;
It’s a revolution in their eyes
Against society and its lies
Times are changing, re-arranging x2
Guess the times are constantly changing and they are changing even faster in the era of the internet. And when I compare the new to the old, the times have really changed.