Wednesday, May 28, 2008

Lack of Business Sense

Just like everyone needs common sense to make a sane decision...a business person must make business sense, a lack of this factor leads to revenue below the maximum possible value. The reason is because of this article...

The prestigious Lahari Recording Company with impressive track record in the last three decades in the audio industry has taken a policy decision. The outside singers should be only 20 percent for the Kannada film audio albums which the Company comes forward to take the rights. The 80 percent of local singers should be there says Mr Thulsiram Naidu alias Velu of Lahari Recording Company. He agrees that the non Kannada singers have flawed in the pronunciation. This should not continue further. The music director and producer should take care of it. The demand of more money for audio film songs is only when good tunes are churned out informed Velu.On the piracy eating away the fruits of hard work Velu said the new government that is coming up in the state would be given a month time to introduce the Anti Goonda Act to tackle the piracy. In case the government does not fulfill the demand we are forced to come to streets he says to fight piracy. We are not asking any subsidy but only enforcement of right law added Velu.

First thing is that this guy doesnt have that business sense at all and as always the fate is a villain which puts these type people on the top. He has no clue of increasing his user base and fetching that extra revenue. If at all these players in audio industry is to keep piracy out & increasing user base and revenue is to follow apple's itune format of selling each song at a price with a low margin, this is the only way they can fight piracy. The trick is to keep the cost so low that the prices are dirt cheap which acts as barriers to pirates. One more thing is that not all songs in an audio CD are a hit, so why not price the hit ones at a premium and keep other songs low, so if someone buys the entire bundle then its attractively priced. Its high time that these audio companies vanish leaving the space for someone with "business sense"

Thursday, May 1, 2008

open-flash-chart

Ruby is getting more slicker and popular. One such example is flash + Ruby combo. I was stunned to see such rich colors and style graphs....I want to thank John Glazebrook for this great offering. So take a minute and have a look at the demo below