It can’t be that an Ed Sheeran stream is worth exactly the same as a stream of rain falling on the roof," Warner Music Group CEO, Robert Kyncl told Music Business Worldwide earlier this year.
That’s hilarious. When they demand too much money it’s" as long as the consumers are willing to pay, the price is right", but when the customers decide that their golden goose is only worth as much as some other content that they enjoy then they cry like little babies. Where is “trust the market” now?
Yeah, interesting! At first, I can obviously understand where they are coming from. But what about supply and demand? Isn’t value defined by how much someone is willing to pay for it? Who are they to tell us this piece of audio is worth more than that piece of audio, all while consumers value them equally?
I also think it’s a bit of an apples to oranges comparison. I assume white noise is consumed in different contexts than pop music. You would probably annoy pop music consumers if you played white noise instead, and vice versa. If that was not the case, from a capitalist perspective, one should really question if Sheeran’s high production cost is justified, given a random recording from your backyard achieves the same value.
Another assumption: The value of white noise increases, the more ubiquitous other sounds become. The more the music industry tries to produce and sell and place and shove, the more demand there is for alternatives. Leave me alone, I want to slow down. I care more about the well-being of humanity, of my fellow humans, than I care about the well-being of some industry and rich fucks. I read this story with delight. The sounds of nature are a treasure worth seeking, a source of health and serenity which will possibly always be unparalleld by artists.
I believe white noise does not compress, so it would cost more storage and bandwidth. Also the whole concept is pretty wasteful, you don’t need hours of white noise just a few min or even a few seconds in a loop.
That’s hilarious. When they demand too much money it’s" as long as the consumers are willing to pay, the price is right", but when the customers decide that their golden goose is only worth as much as some other content that they enjoy then they cry like little babies. Where is “trust the market” now?
Yeah, interesting! At first, I can obviously understand where they are coming from. But what about supply and demand? Isn’t value defined by how much someone is willing to pay for it? Who are they to tell us this piece of audio is worth more than that piece of audio, all while consumers value them equally?
I also think it’s a bit of an apples to oranges comparison. I assume white noise is consumed in different contexts than pop music. You would probably annoy pop music consumers if you played white noise instead, and vice versa. If that was not the case, from a capitalist perspective, one should really question if Sheeran’s high production cost is justified, given a random recording from your backyard achieves the same value.
Another assumption: The value of white noise increases, the more ubiquitous other sounds become. The more the music industry tries to produce and sell and place and shove, the more demand there is for alternatives. Leave me alone, I want to slow down. I care more about the well-being of humanity, of my fellow humans, than I care about the well-being of some industry and rich fucks. I read this story with delight. The sounds of nature are a treasure worth seeking, a source of health and serenity which will possibly always be unparalleld by artists.
I believe white noise does not compress, so it would cost more storage and bandwidth. Also the whole concept is pretty wasteful, you don’t need hours of white noise just a few min or even a few seconds in a loop.