May 21, 2004

Paradigm Shift

Some buggy-whip manufactures refused to accept reality. With any luck, RIAA will soon follow them into oblivion. Free is always good.

The first time Moe played San Francisco, the band didn't have a song on the radio. It didn't have a video; it didn't even have a record deal. Yet the group sold out the 750-seat Great American Music Hall.

The secret to Moe's success? A community of West Coast music fans had been trading tapes of the New York band's concerts, duplicating bootlegged recordings and distributing them to friends. The members of Moe never saw a dime off those concert tapes, but they arrived in San Francisco to a full house.

"I definitely believe that file sharing has helped our business," Guster guitarist Ryan Miller says. "We've sold only a couple hundred thousand copies of each of our last albums. We've never made a cent from our album sales, so we don't really see that money anyway."

New paradigm, new business model.

Posted by Clancy at May 21, 2004 4:16 PM