Feeds

Feargal Sharkey on three strikes… and after

A new deal for music fans?

  • alert
  • submit to reddit

Top three mobile application threats

Feargal on... paying the "leeches" for file-sharing?

Fantastic.

The obvious thing is who's going to provide this compensation? Shall I assume it's the original songwriters and composers who don't make much money as it is.

That's one of the most fanciful and non-practical ideas I've heard for quite some time. But God bless them for making me laugh and cheering me up today!

Feargal Sharkey

Feargal Sharkey

Feargal on... do we still need record companies?

Has the internet and technology opened up opportunities for people to go out there and do their thing? Absolutely, no question. And in my book anything that's going to encourage people to be creative in any way gets my bloody applause every single time.

But the reality is this. Is MySpace going to turn you into U2? I'm afraid it's not.

Because to this day, I've yet to figure out another way to help sell you a million albums in North America. Now you have a record company with two million dollars of a promotions budget and the knowledge, skills, and experience and the network to help you spend it efficiently and effectively to help you sell a million albums in North America. I've not seen a way to replace that idea.

El Reg: But there's no exclusivity on production now, and the costs are falling?

I'm not sure about the cost argument. I have a caveat in that I own every record I ever made and I own every song I ever wrote.

Fundamentally it's a long, complicated story but after the second or third Undertones album, the band found themselves in a position where the rights reverted back to them. And from that point on, I made sure that everything we did - and in my solo career - applied. It's a nice position to be in.

Are your office and staff and manpower cheaper? No they're not, because you've still got the same team of people doing pretty much the same functions. Have you removed the need to put a man in the back of a van driving up the M6 with a load of records in the back? Maybe. So there may be something in distribution. But then you take into account all the digitisation costs, the huge amounts of money the large companies face digitising their back catalogs - and we're talking obscene amounts of money...

I'm not sure anyone's come up with a financially viable model you can go and sell music to mass audience and as a standalone business, make it work.

The best example of all is that Apple were publicly acknowledging that iTunes does not make them any money. What it does for them is drive a nice hardware business for them - thank you very much indeed. Twenty million iPods in the run up to Christmas?

El Reg: Apple has close to $20bn in the bank now cash and it doesn't really know what to do with it. That could buy them a couple of major labels - or maybe all of them?

That could well come.

Build a business case: developing custom apps

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.