Paul McGuinness’s speech

U2′s mananger Paul McGuinness’s speech at Cannes is very long and covers a lot of ground about how the music industry and the internet might work together. While certainly progressive in places I think he’s wrong in a lot of areas. In short, he seems ignorant of the concept of network neutrality and ultimately comes across as believing the very nature of the internet needs to be changed, rolled back to a more authoritarian model. I, obviously, think this is a bad thing. But hey, it’s not my industry on the line here… via the NMS Newswire

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2 Responses to Paul McGuinness’s speech

  1. Hg says:

    Progressive? God, you’re kind. To me he comes across as another confused old dinosaur. It’s just more self-important scaremongering. Home Taping Is Killing Music, blah blah blah.

    The mainstream recorded music industry sowed the seeds of its own destruction in the 1990s with its continual insistence on short-term profit and fickle support for only the most consistent cash cows.

    Plenty of artists who released on major labels in the 90s have albums locked away in a vault somewhere, current label bosses totally disinterested in discussing re-releases (even via iTunes).

    The mainstream music business got itself into its current situation by screwing both artists and audiences alike. Now they’re fighting back and it’s dying. I will happily dance on its grave.

    On the margins, however, interesting things are happening. People still want to buy CDs from Mute, 4AD, Rough Trade. Budding artists self-release. Fans fund established bands to record albums.

    Fundamentally, most illegal downloads are made by people who would never have paid anyway. Many more people still want product, still want a small part of the magic to be physically present with them.

    I’m hugely optimistic. I think the so called Death Of The Music Industry is actually going to mean the death of bland, manufactured music. The interesting stuff – the art – will thrive.

    Survival of the fittest, in other words. And thus – neatly if rather inadvertently – we’re back to dinosaurs again. Once so fierce and dominant but now just museum pieces.

  2. Pete Ashton says:

    I was damning with faint praise there. Compared with the noises music industry types were making a year ago this is very progressive. And while that’s not saying much it is a development in the right direction.

    Softly, softly, catchy monkey with these guys.