“Few people know the music industry better than Peter Jenner. Pink Floyd’s first manager, who subsequently managed Syd Barrett’s solo career, Jenner has also looked after T.Rex, The Clash, Ian Dury, Disposable Heroes and Billy Bragg – who he manages today. He’s also secretary general of the International Music Managers Forum,” Andrew Orlowski reports for The Register. “And he doesn’t pull his punches.”
Orlowski reports, The major four music labels today are “f*cked”, he says. Digital music pricing has been a scam where the consumer pays for manufacturing, distribution, and does all the work – and still has to pay more. Labels should outsource everything except finance and licensing.”
“But he’s also optimistic that for almost everyone else – indie labels, musicians, songwriters and budding entrepreneurs – as well as network providers – the future’s going to be pretty bright. The Big Four know that the DRM era is nearly over – and within two or three years, he predicts, “most countries” in the world will have a blanket licensing regime where we exchange music freely, for a couple of quid a month,” Orlowski reports.
Full interview here.
[Thanks to MacDailyNews Reader “Alden S.” for the heads up.]