This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Forget Apple and Pandora, Google Can Change the Music Industry

Fan recordings of concerts, especially the good ones (from YouTubers like "The Real Concert King"), might be one of the most popular things on YouTube. I know I love them. Within hours, you can see what happened the night before at practically any show of consequence. It's a beautiful thing.

And while some bands are OK with bootlegs, it's really not right. I'm not sure about The Real Concert King, but lots of "tapers" use YouTube to tease recordings of full concerts they sell outside of YouTube.

YouTube and the music industrial complex could nip this practice by moving to a format where any act with an interest can facilitate a livestream. Charge whatever the going rate might be ($1.99, $2.99, $5.99, market price) for each show in each city on each tour. You can couple pay-per-view concerts with merchandise sales, offers to subscribe to services such as Pandora and directives to download songs from Google or wherever else.

Endless fun.

How do you combat the possibility that some people might opt to stay home, avoid the crowds, save a couple bucks and watch their favorite band from the comfort of their own living room? Or, instead of seeing multiple shows on a multi-night stand, attend just one?

Use the National Football League's convoluted blackout system. If the concert's not sold out, it's not available on YouTube. As such, YouTube could bill itself as Your ticket to sold-out events or whatever.

But if you're a fan like me, when your favorite tours, you'll be at all the local shows regardless. And you're likely to travel to a handful or more.

There's money in this for everybody. And, too busy trying to pump its mobile ad business and the iTunes Store, Apple (AAPL - Get Report) probably hasn't even considered getting into such a mess.

Something makes me think Google has thought about this. Heck, maybe they're already doing it and I have just missed it. The way I had no idea I could watch Bruce live from Rio until seconds before he took the stage.

-- Written by Rocco Pendola in Santa Monica, Calif.
Rocco Pendola is a columnist and TheStreet's Director of Social Media. Pendola makes frequent appearances on national television networks such as CNN and CNBC as well as TheStreet TV. Whenever possible, Pendola uses hockey, Springsteen or Southern California references in his work. He lives in Santa Monica.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $126.44 0.00%
GOOG $523.40 0.00%
LYV $27.57 0.00%
P $15.17 0.00%
FB $87.28 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs