[Xylakant]

> Creating media is expensive

Creating media has never been as cheap as today. My ex roommate has been playing in bands ever since I got to know him. First recordings were done on 6 track tape recorder an replicated to cassette. Then the first, big towers were capable of recording a handful of tracks with low quality. Now, all he needs to go and make solid recordings is a laptop and a semi-professional external sound card. The distribution costs drop to zero on the internet.

The equipment he uses to record is much cheaper than the room they rent for the band and the instruments.

People that create media for the sake of creating media can do so at an unprecedented scale. The issue is with those that want to make a living of being a media creator.

[easytiger]

I think people who are happy to acquiese to the music recording industry pleas for pity are failing to observe a simple and normal economic event wherein the value of what is being sold is not what it was 10 years. Industries change and then they die all the time. There is little novel about music anymore compared with the joy once brought in a less media entrenched time by the simple pleasures of buying and listening to an album, say 20 years ago.

Your point can roughly be paraphrased as the commoditization of media creation processes.

Schumpeter's gale:

""process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.""