When someone suggested that Michael Stipe, the lead singer of R.E.M., release the band’s new album “Accelerate” on the social networking site iLike – he liked the idea. The move will make history and is another sign of the music industry’s loss of power.
The entire album will be streamed on the site a week before it is released to the public on April 1st. Hopefully the servers will hold up.
Music is social. Music is current and everchanging. And most of all, music requires musicians. The winners in the music business of tomorrow are individuals and organizations that create communities, connect people, spread ideas and act as the hub of the wheel… indispensable and well-compensated.