Radiohead newest album ‘In Rainbow’ seems to be the last stroke at the dying music industry. The band made available the download of its album for any amount that their fans were willing to pay. The strategy paid off and the release, just in the first day, made an astonishing amount of $6 MM (1.2 million downloads at an average price of $5). All the money went straight to the band’s pocket. Even though these numbers are not official several other bands and artists have shown some interest to release themselves from the major labels – e.g. Paul McCartney, Madona, Oasis, Jamiroquai and Nine Inch Nails – and start to sell its records directly to its audience. Bands and solo artists are abandoning their former employee spirit and are embracing a rising entrepreneurial desire that is about to change the industry forever.
The duo Aaron Yonda and Matt Sloan is another example of artists that are getting control over their destiny. Last year they started to record a series of short-film called Chad Vader - a parody with the dreadful character Darth Vader - to a local cable network, 101 Channels, but their show was canceled in its first episode. They didn’t let it get on their way and continued to produce the show and distributed it on the YouTube. The Show became a major hit with almost
These are examples how internet has provide the medium to people to explore not only all their potential as artists, but as entrepreneurs as well. The opportunity are enormous all it takes is the desire to make it better, to make it different, to make it unique; and of course a computer.
Leonardo Dias
Analista da empresa de venture capital Monashees Capital. Anteriormente, trabalhou em empresas de meios de pagamentos. Estudante do curso de Administração de Empresas na FEA-USP
Analyst at the venture capital firm Monashees Capital. Prior, worked at ways of payment company. He is a business administration student at FEA-USP
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Boa!
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