Why Media?
The days when orchestral Institutions and the musicians they employed could make substantial income from recording are gone, along with the recording companies that provided that income. We need to identify and quantify what “value” is, and how we can derive value from audio recording. After all, if audio recording does not bring value, then why should we do it?
I believe that audio recording does bring value, and three types of value come to my mind: artistic value, monetary value, and indirect value. I’m sure there must be other kinds of value. Can we identify other types of value? Is one type more important than another?
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