It's Time For iRecords, The Apple Record Label - hypebot

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Yannick, the GeneralEclectic

Given the way the CD design disappeared from the logo of the iTunes software, Apple very obviously does have an interest in that the music they sell is not related at all to a physical product which is not a device sold by themselves. So a label by them will not be called iRecords. Apple might certainly want to eat into the market share of performance rights societies and music publishers as well but at the time, I guess there is not enough money to be made in there for them to seriously consider this step. However, iTunes could become a marketplace just like amazon these days is not a book seller anymore but a marketplace. Of course, this would need to coincide with Apple branching out into the finance world, with their next iDevice incorporating a Paypal kind of structure of iMoney which is stored inside the device with a backup of your account standings in the cloud available as an additional purchase. It is beyond me how they could get that to working without a hefty increase in their customer support, though.

Well, maybe they don't go iMarketplace first but turn every user of their next iDevice into a member of their own online social network, the structure of which would then be implemented in their next operating system iFriends, also available for the next generation device from the Mac line. This way, they would not need to increase customer support because you could always ask your iFriends how to do that what you don't know. Who knows how Facebook would react on that kind of competition? I guess when done right, Apple could eat Facebook's pie because the latter are not hardware based.

Anyway, this is just big corporations dicing it out amongst themselves. Where is the benefit for real musicians in all of this?

Roxanne

An interesting read - but for now I fail to see the benefit from the artists point of view. It's already possible to get your music into the itunes store (as well as countless other online platforms) for a one-off fee rather thatn a yearly prescription.

The main reason for signing to a label is the marketing support, professioinal network, expertise and the less tangeable 'credibility' you receive in return for signing up: It would be interesting to see what the likes of iRecords would offer!

mason

with the cut that they currently take via iTunes, perhaps an appropriate label name would be iBandit. "meet the new boss. same as the old boss." -pete townsend

mitch

once again, peter townshend is way ahead of the curve.

http://www.bbc.co.uk/news/entertainment-arts-15528101

godvin

YES, YES, YES!!! It is time. The music industry is on a slow burn to the bottom. Most executives know this, and are trying to make as much money as possible before it hit rock bottom. Please, (retire) ALL the overpaid worthless executives. They do absolutley nothing, but go to all the parties. TJ Martell, Grammies, American Music Awards, Billboard Music Awards and MTV Video Awards. THATS ALL THEY DO!! Put them out to pasture. Its a new day.

Godvin the god

Alex

Bingo!

Nelson

Apple is already known to treat indie artist as second class suppliers; So other then new artists most are already aware of how Apple works and they won't be ripping up contracts to sign more of their rights over to Apple.

And! if they don't go after the indies they're left trying to ape the major model which is the one that is broke and I'm not sure that Apple would be sustainable once the other major pulled content off of Apple.

Now considering that 90% of the music produced is Indie and yet the Majors make 90% of the profits adding another Major to the mix will fix what?

Nelson

BTW pay no attention to this......

"Apple points to the fact that when the depositions were taken, many individuals, including UMG employees, were sent out of the room. And that when Jobs' deposition was played before the jury, the judge closed the courtroom, ordered many people to leave, and had the transcripts from the trial sessions filed under seal."

http://www.billboard.biz/bbbiz/industry/legal-and-management/why-does-apple-want-to-hide-steve-jobs-secret-1006919152.story

Clyde Smith

I think that post sums up more of my feelings than anything I could dig into here.

Though it's also worth pointing out that, when you consider the level of control freakery at Apple, it might not be so cool to have them involved with content decisions:

http://gizmodo.com/5490310/its-time-to-declare-war-against-apples-censorship

Don Primer - Zyzzx Designs

We can all share some of Apple's growth by riding the iTunes bandwagon. Now I'm able to distrubute my music across the world through a number of services that connect directly to iTunes. Sure Apple takes their cut, but the growth of technology has mutual benefit.

On that note, I just released my newest album "Spirit Moves Me' if you'd like to check it out: http://zyzzxdesigns.com/music

CD replication

Good post to grasp some new info about the Apple's growth with the help of iTunes.. Thank alot

William D. Thompson

Will it will be iRecords or GoogleRecords, take your pick. It's just a matter of time.

Clyde Smith

I'm calling it. It will be Amazon Records.

James Walsh

Maybe it's more likely to be called iTunes Records.

Menojo

Nice Article. Very informative. Currently, I still using Itunes, though, I am open for changes.

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Brian Rawlings

That may well be the silliest idea I've heard this year. Never get into "product" if you own distribution. That type of vertical expansion is the best way to devalue Apple's stock and kill investor confidence. The music business needs to be completely deconstructed and moved back to creatives not moved from one multi-national to another.

ade

i dont understand this - itunes already distributes artists content for a cut - why would an artist now want to pay to be somewhere where they already are ?

and pay to be signed by a label ?

nonsense article

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