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Keen On… Why The Internet Has Been Bad For Both Musical Artists and Fans (TCTV)

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The author of several classic histories of pop music including Rip It Up And Start Again, Generation Ecstasy and Retromania, Simon Reynolds is as well placed as anyone to understand how the Internet has changed the music industry.

But while Reynolds might not go as far as critics like Jaron Lanier, he is nonetheless far from optimistic about the impact of the Internet on the music industry. As Reynolds told me when he came into our San Francisco TechCrunchTV studio, the Internet is bad for artists because it’s much harder now to make a living recording music. And it’s bad for fans too, Reynolds insists, because all the free music on the Internet has created a problem of what he calls “over abundance.”

So is Simon Reynolds correct? Has the Internet really had such detrimental impact on artists and fans alike? And if so, then how can we return to a time when musicians like the Beatles, Stevie Wonder or Talking Heads, rather than Steve Jobs or the iPhone, captured the zeitgeist of our age?