"I think records were just a little bubblethrough time and those who made a living from them for a while were lucky. There is no reason why anyone should have made so much money from selling records except that everything was right for this period of time..."
"It was a bit like if you had a source of whale blubber in the 1840s and it could be used as fuel. Before gas came along, if you traded in whale blubber, you were the richest man on Earth. Then gas came along and you'd be stuck with your whale blubber."
"Sorry mate – history's moving along. Recorded music equals whale blubber. Eventually, something else will replace it."
- Brian Eno in The Guardian
Now this isn't just file sharing, but also Spotify and iTunes pays little.
Was speaking with an Audio Researcher yesterday and he mentioned something from Facebook, where people said they saw a good coffee as much greater value than a music track. They would pay for the coffee, that took seconds to make and no time to drink, but not for an album track, that had a significant investment of time, talent and money to produce.
A brave new world.