I wasn’t entirely surprised by Adam Curry‘s comments (Daily Source Code, May 2, 2005) regarding the lack of creativity and vision of the record companies with respect to licensing their music and opening up back catalogs for Podcasters.
Unwittingly, or perhaps wittingly, the record companies are doing their best to hang on to an antiquated business model. They are failing to recognize, acknowledge, and embrace new opportunities and economies. This narrow mindedness has managed to strengthen the independent community (the competition) and may be the demise of the music giants. That’s not necessarily a bad thing. However, you can only imagine who will be blamed.
Their loss is our gain. There is an ocean of great independent music for everyone to discover. Podcasting is just one medium through which we can discover this great music. With this in mind, I have been collecting approval from a number of musicians, and their representatives, to Podcast their music. Electric Sky will include this great music, and the people that make it possible, in our shows. This began with Robert Farrell‘s Woolly Mammoth on show number 1, and will continue with show number 2 which will be released later this week.
I have to say that I feel badly for the artists that are signed to the major labels. They are the ones that stand to lose the most in the new world.