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	<title>Comments on: An analysis of why labels need to reduce their royalty demands</title>
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	<link>http://www.theequitykicker.com/2008/08/22/an-analysis-of-why-labels-need-to-reduce-their-royalty-demands/</link>
	<description>Nic Brisbourne's view from London on venture capital and exploiting change in technology and media</description>
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		<title>By: UK band makes money because of piracy &#124; The Equity Kicker</title>
		<link>http://www.theequitykicker.com/2008/08/22/an-analysis-of-why-labels-need-to-reduce-their-royalty-demands/#comment-3238</link>
		<dc:creator>UK band makes money because of piracy &#124; The Equity Kicker</dc:creator>
		<pubDate>Thu, 28 Aug 2008 10:08:26 +0000</pubDate>
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		<description>[...] is more evidence that labels need to reduce their royalty demands. As I&#8217;ve said before labels&#8217; expectations are shaped by the economics of a by-gone age, [...]</description>
		<content:encoded><![CDATA[<p>[...] is more evidence that labels need to reduce their royalty demands. As I&#8217;ve said before labels&#8217; expectations are shaped by the economics of a by-gone age, [...]</p>
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		<title>By: Jon Smirl</title>
		<link>http://www.theequitykicker.com/2008/08/22/an-analysis-of-why-labels-need-to-reduce-their-royalty-demands/#comment-3171</link>
		<dc:creator>Jon Smirl</dc:creator>
		<pubDate>Fri, 22 Aug 2008 13:38:58 +0000</pubDate>
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		<description>Labels are raising a generation that is being trained never to pay for music. Ask a random 20 year old what was the last music they paid for. The true answer is that we don&#039;t need the labels anymore but they are trying to extract every last penny before dying. 

Recorded music has become advertising for the live acts. There is nothing the labels can do about this short of putting a policeman next to every computer. Maybe they can get a hint from the fact that most live concerts in my town are sold out.

Of course the bands aren&#039;t stupid either. They are starting to ignore the labels and keep all of the live act revenue for themselves.</description>
		<content:encoded><![CDATA[<p>Labels are raising a generation that is being trained never to pay for music. Ask a random 20 year old what was the last music they paid for. The true answer is that we don&#8217;t need the labels anymore but they are trying to extract every last penny before dying. </p>
<p>Recorded music has become advertising for the live acts. There is nothing the labels can do about this short of putting a policeman next to every computer. Maybe they can get a hint from the fact that most live concerts in my town are sold out.</p>
<p>Of course the bands aren&#8217;t stupid either. They are starting to ignore the labels and keep all of the live act revenue for themselves.</p>
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		<title>By: Jon Smirl</title>
		<link>http://www.theequitykicker.com/2008/08/22/an-analysis-of-why-labels-need-to-reduce-their-royalty-demands/#comment-11499</link>
		<dc:creator>Jon Smirl</dc:creator>
		<pubDate>Fri, 22 Aug 2008 13:38:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.theequitykicker.com/?p=893#comment-11499</guid>
		<description>Labels are raising a generation that is being trained never to pay for music. Ask a random 20 year old what was the last music they paid for. The true answer is that we don&#039;t need the labels anymore but they are trying to extract every last penny before dying. 

Recorded music has become advertising for the live acts. There is nothing the labels can do about this short of putting a policeman next to every computer. Maybe they can get a hint from the fact that most live concerts in my town are sold out.

Of course the bands aren&#039;t stupid either. They are starting to ignore the labels and keep all of the live act revenue for themselves.</description>
		<content:encoded><![CDATA[<p>Labels are raising a generation that is being trained never to pay for music. Ask a random 20 year old what was the last music they paid for. The true answer is that we don&#8217;t need the labels anymore but they are trying to extract every last penny before dying. </p>
<p>Recorded music has become advertising for the live acts. There is nothing the labels can do about this short of putting a policeman next to every computer. Maybe they can get a hint from the fact that most live concerts in my town are sold out.</p>
<p>Of course the bands aren&#8217;t stupid either. They are starting to ignore the labels and keep all of the live act revenue for themselves.</p>
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