26th
I am Joseph Fosco, a Composer and Sound Designer based in Chicago. You can find out more about me at my website josephfosco.com, and you can subscribe to the RSS feed for this tumblelog here.
Isn’t this costing you money? Are you bad at business?
There are some costs, primarily the storage costs, which are currently under $100 a month. If the site grows much larger, they will be significant, but not unmanageable.
I pay these out of pocket for a few reasons: I want to promote independent music and display the wonderful amazing fact that the music distribution model has changed. One average person can singlehandedly float hundreds of musicians, thousands of mp3s and hundreds of thousands of downloads. Incredible - it points to pretty crazy and amazing future world of music.
(Source: alonetone.com)
…that we have any regulators at all is a testament, on some basic level, to the idea that companies left to their own devices don’t always act in the best interests of the market.
If companies always agreed with regulators’ rules, there would be no need for regulators. The very point of a regulator is to do things that companies don’t like, out of concern for the welfare of the market or the consumer.