Comparing and contrasting these two industries is an interesting exercise. One continues to fail in most all areas, while one continues to grow in most all areas. One focuses mainly on lawsuits and legislature. One focuses on perfectionist design.
Subscription content continues to make meager headway into the mass market. Music publishing (licensing) continues to generate growth. RIAA continues to try using the law to restrict access to copyright. Major labels are still run mostly by lawyers and boards of trustees who have little to no knowledge of music licensing, how it works, and why its successful. Steve Jobs and Apple have ALWAYS put design first and will continue to do so. Apple has just had it’s first $50-billion quarter. Streaming is inconvenient when no wireless connection is available. Apple products go out of their way to make things convenient – not free – but convenient. Apple just passed RIM in their market share. Apple sells copyrighted content and devices that access, and utilize that content seamlessly. The music industry has access to loads of copyrighted content and executes its exploitation poorly. The music industry consecutively sees revenues fall.
What can the music industry learn from a company like Apple? What can Apple learn from companies like WMG and EMI? If you had to rate Pandora as a music provider, what would you give it on a scale of 1 to 10? How would you rate Apple as a music provider? If you had to rate your iPod as a music player and content purchasing device, what would you rate it? How would you rate Pandora as a music retailer? How do you rate a major label as a music retailer? Post your thoughts to the comments!