Rapper 50 Cent has no problem with file-sharing

December 9, 2007

Rapper 50 Cent has no problem with file-sharing It seems that music publishers are forgetting to let their artists in on the evils of file-sharing again.

Rapper, 50 Cent, recently gave an interview to Pål Nordseth in Oslo, and thanks to a translation on TorrentFreak, we learn that the famous rapper doesn’t see file-sharing as the problem the music companies do.

“What is important for the music industry to understand is that this really doesn’t hurt the artists,” he said.  “A young fan may be just as devout and dedicated no matter if he bought it or stole it.”

Somehow one suspects that 50 Cent won’t be on the Recording Industry Association of America (RIAA) Christmas card list this year.  The cornerstone of all the arguments against file-sharing has been how it hurts the artists, but the number of artists who don’t agree with the association seems to be growing.

If not album sales, how will artists make their money?  50 cent has some thoughts on this matter also.  “The concerts are crowded and the industry must understand that they have to manage all the 360 degrees around an artist.”  He also went on to say that “They, (the industry), have to maximize their income from concerts and merchandise. It is the only way they can get their marketing money back.”

Short of just giving up the fight all together, with the artists turning against them, the record companies need to rethink their business model, and come up with something new that embraces the new technologies.  Until then, the companies will need to find someway of enticing customers away from file-sharing, and that seems difficult with some artists saying the exact opposite.

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8 Responses to “Rapper 50 Cent has no problem with file-sharing”

  1. greg:

    well 50 cent is right.

  2. Mike Lee:

    Here’s an alternate view. Say file-sharing continues to grow. Since it’s difficult to stop people from doing this, what if it was encouraged? What if digital song files became promotional vehicles, instead of being sold as revenue generating products? It’s a bit of a flip from what record labels are used to, but this has apparently been the case in China (where piracy is rampant). Music artists over there adapted to this climate and shifted their business models to making money from other means: live performances, merchandise, ringtones, commercial licensing, and corporate sponsorships. Of course, not every small artist could do all of that, but perhaps other revenue generating models will emerge as this industry continues to evolve. Just a thought.

  3. Ole Juul:

    I always get a kick out of the pathetic protestations of the music industry … pirating indeed. They should talk.

    The funny thing is that this is about popular music which is all about sharing. This music shares the same harmony, simple melodies, and often banal structure. Being derivative is what this is all about. It wouldn’t have relevance otherwise and it wouldn’t be popular if people didn’t share it with one another. That part isn’t going to change any time soon and 50c seems to understand that.

    What many people don’t get is that this is not about the music or musicians. This is about the record business and maintaining control. Making money is always about gate keeping and that means politics and technology. Now the technology is changing and it’s time for someone else to make money. History repeats itself.

  4. pat:

    well ….i think the chemistry between mr jackson and mr banks is absolutely superb ….50 ALRIGHT!! KEEP IT UP!!

  5. Ben:

    I’m wondering what he means with “the concerts are crowded” when the tour in Europe isn’t sold out at all…. i.e. Berlin: 12000 tickets available, 4000 tickets sold…

  6. Tomasa Eubanks:

    The Winter Texans are pouring in, I think the Golf Course has already filled up! Sure beats the winters I remember in North Oklahoma, ha ha

  7. Tia Loreto:

    Nice post! Have a good day and good luck!

  8. Jae Koontz:

    Keep your blog posts coming. I love reading your articles. Cheers.

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