Mix: Billionaires, iPod arcade, 2006 SXSW, CD sales | iLounge News

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Mix: Billionaires, iPod arcade, 2006 SXSW, CD sales

Apple CEO Steve Jobs is the 140th richest person in the world, according to Forbes’ annual list of billionaires. Jobs’ net worth now stands at $4.4 billion.

Following the release of the iPodMame software, an iPod nano owner has built a 5-inch arcade cabinet replica that houses his nano when playing Pac-Man.

CitizenPod has released a free 2006 SXSW ClickGuide for iPods. “Download the guide and you will have panels, bands, films, and nighttime events, all on your iPod and at your fingertips.”

Some music industry executives feel that releasing an artist’s single on iTunes and other online music stores is hurting sales of CDs, and may move to hold off on early digital distribution.

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Comments

1

You can also download about 1000 different MP3s from SXSW.  The torrents are available as well as the ClickGuides.  There are some great bands and some terrific songs.

Posted by OrangeWhip on March 10, 2006 at 9:49 AM (CST)

2

I can tell you what’s hurting cd sales. Music that sucks open butt.

Posted by nosedive51 on March 10, 2006 at 9:59 AM (CST)

3

The only reason they didn’t release the single was becasue the rest of the album sucked, so they forced you to buy the whole album to get that one song.  The solution is simple.  Don’t put 9 crappy songs on a cd to sell 1 good song.

Posted by mtnagel in Cincinnati, OH on March 10, 2006 at 10:11 AM (CST)

4

Is it POSSIBLE for these execs to BE this dense, or is it a prerequisite for the job? They REALLY don’t get it, do they?

Get it rhrough your thick skulls:

People DONT LIKE TO BUY CRAPPY MUSIC!!!

You want more CD sales? Then how about putting out something people ACTUALLY LIKE? They dont have to be top 40 hits, they just have to be REAL music worth listening to!

Posted by ahMEmon on March 10, 2006 at 11:24 AM (CST)

5

wasn’t their whole big deal about piracy? now that ppl actually buy their music legit they go and screw this up for everyone too. This is why ppl should just not buy music.

Posted by Victor on March 10, 2006 at 3:22 PM (CST)

6

The music industry should be on their knees thanking Steve Jobs for saving their butts. iTunes has done a lot for the music business and they should know that.

Posted by CountryGirl on March 10, 2006 at 4:51 PM (CST)

7

Holding off on digital singles sales makes perfect sense for the record companies. The fact is that Steve Jobs’ insistence on selling all tracks at a fixed price flies in the face of all economic and psychological reasoning. Not all songs are worth $.99, some are $5.00 and some are $.01. Not allowing artists to sell as such is forcing them to instead rely on traditional CD pricing where they can choose the price of the music. Now they can sell the 10 track CD for $8.00 and people will gladly pay it as it si worth it to them. Sure some of the tracks may only be worth $.25 (if anything) to them, however they are willing to pay $8.00 because one of the songs is worth $4, another $2, another $1.50 and so on. Thus when you add it up, even if some of the songs are crap and worthless to the buyer the sum of the other songs is greater then the price of the CD and thus people are willing to buy it. Since Jobs won’t allow this variable pricing the labels are being forced back to CDs were they are. This benefits the labels, artists and consumers (if the CD was worth the $8, people wouldn’t buy it).

Posted by Chris on March 10, 2006 at 5:53 PM (CST)

8

hey chris.
sorry to kinda debunk your post with one sentence but:
The reason that pricing wouldn’t work, is because it’s subject to personal opinion. It would be different for everyone.
Example: YOu could like a song, and be willing to pay $4 for it. However, i may thinkt that song is worth $1, and someone else may think that song is worth $0.25, so on so forth>
It wouldn’t work.
Dan x

Posted by Dan Nicholls on March 10, 2006 at 7:52 PM (CST)

9

And in other news, William H. Gates III is the worlds richest man for 28 years running…and still giving it all away.

It must be weird, going to an MS meeting trying to make money, then going to his philanthropy meeting and trying to give it all away.  Ha.

Posted by Jegero on March 12, 2006 at 9:10 PM (CST)

10

Dan Nicholls - So according to your logic all cars cost the same, all t-shirts cost the same, all concerts coat the same. Huh, doesn’t seem to work that way on my planet. Sure different people place different values on products. The labels would simply price tracks based on the aggregate demand, just like they currently can with CDs but unfortunately not with iTunes tracks.

Posted by Chris on March 13, 2006 at 6:59 PM (CST)

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