FMC's Walter McDonough Talks About Record Biz

FMC's Walter McDonough talks to Pennsylvania's WITF about the state of the recorded music industry since the advent of digital technologies like filesharing.On July 27, FMC founding Board member and General Counsel Walter McDonough chatted live on "Smart Talk" -- a program that airs on Pennsylvania's WITF FM.
Walter called in to talk about the state of the record industry since the advent of digital technologies like filesharing. Joining him was David Ivory, Producer/Owner of Ivory Productions.
As expected, Walter kicked off the conversation with baseball, but managed to get pulled back to the topic at hand by host Craig Cohen. The conversation covered a wide range of topics from digital pricing to changes in consumptive behavior to new models that might make up for some of the revenue lost from dwindling physical product sales.
Did we mention it was a call-in show? Listeners seemed genuinely psyched to participate in the conversation, and there were a couple of really interesting questions. But why read about it here when you can head over to the WITF site and listen to the audio?
Remember, we'll be discussing all of these issues and more at our upcoming Policy Summit at Georgetown University in Washington, DC on October 4-6. Head here to reserve your spot now!
Comments
1 comments postedLosing the ?recording
Submitted by Dave (not verified) on July 31, 2009 - 9:24am.Losing the “recording industry” might be a good thing for music. Some of the callers on the show were funny trying to cling to a neoliberal perspective on “innovation” driven by profit. There has to be an alternative way of recording music outside of the current system that we have that still gives musicians a living (a better one to boot). Here’s a link to an on going discussion that I’ve been having on my website about this issue. http://blog.musicdetour.com/archives/788. The question to me seems to be, what’s at issue here? What are we losing? gaining? What are the interests of those participating in the discourse? Who has the most power in that discourse? In a lot of ways it’s not about musicians, it’s about the exploitative practices of the recording industry. More on that here: http://blog.musicdetour.com/archives/779
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