Thanks to all concerned for all the positive comments I’ve had regarding my post last week on intellectual property. I’ve been pleasantly surprised with the response despite the article’s glaring flaws.
One of the things I meant to write about, which Jock reminds us of (via Mises Blog) was the whole Radiohead/In Rainbows phenomenon. Amazon currently rates this album, released this week, at 2 in its music sales chart, and 1 in rock and indie. Not bad for something being given away for free a few weeks ago (speaking personally, I really didn’t think much of the album being a pre-Kid A kind of guy, but each to their own).
It does make me wonder however if the future of physical music purchasing lies in the 70s. Back in the days of vinyl, bands would often turn their LPs into wonderful must-haves, with large, glorious artwork, books and sleevenotes. The scrappy booklet that can be found inside most CDs doesn’t compare. Already all major releases (including Radiohead’s) have a limited edition; at what point will these become standard issue?
Doctor Vee also highlights another omission: the argument in 2007 about whether or not to extend the copyright of recordings, lead by the rather deep pocketed Paul McCartney and Cliff Richard. He points to a paper by Rufus Pollock arguing that the optimal length of copyright from an economic viewpoint should be around 15 years. I haven’t read the full paper yet but it looks interesting.
Anyway, it made a nice change from the endless strings of memes and goodwill messages that dominate the blogosphere at this time of year.