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by jeb 5821 days ago
Perhaps it makes sense. Artists will soon make their money via concerts. Prince has a series of concerts coming up. He has a huge old-school fan base, so does not need to get his songs out there (people already know him).

His new songs then are more 'rare' among his core demographic (not teens) -> driving more people to his concerts, where he makes the money.

Remember that prince, back in 2001 ALREADY jumped on the internet bandwagon. He offered his songs for download then - he is not anti-internet, he has tried it and has changed his model.

Remember, this dude makes 50million USD a year, more that most of you will make if your startup sells for a huge amount of money. He knows what he's doing.

1 comments

There is some truth in this however a few things bother me

1. Of all the newspapers he is associating his brand with a cheap tabloid. Under no circumstances would I ever give money to a newspaper like this so he has lost my me already. As there are no other ways of getting this legally - I am only left with the pirating option

2. 'In Rainbows' by Radiohead was profitable for the group (and they have somethings in common with Prince - like an established fan base) using the internet model of 'pay what you want' for the download. This made the band look good and still provided them with a profit.

Prince is doing himself no favours by acting in this way.

The Artist Formerly Known as The Artist Formerly Known As Prince is no stranger to doing things that hurt his career.