Are recordings valuable?
A stream frames music as an experience.
A recording frames music as a good.
Framed as an experience: there’s a glut of supply.
Framed as a good: there’s an artificial shortage.
Artists want it three ways:
- A small payment for the experience
- A medium payment for the recording
- A large payment for the ownership
Imagine the Internet as an infinitely long path through a park, alongside is line of artists stretching to the horizon.
Required reading: