Interesting White house press release: “President Obama Announces Intent to Nominate Alan Krueger to Lead the Council of Economic Advisers” (http://www.whitehouse.gov/the-press...ntent-nominate-alan-krueger-lead-council-econ)
Krueger and Marie Connolly, his Princeton colleague, are the co-authors of an 86-page research paper titled “Rockonomics: The Economics of Popular Music.” You can find it here: http://www.irs.princeton.edu/pubs/pdfs/499.pdf
The authors correctly note on page 6 that “bands receive relatively little of their income from recording companies.” That would seem to indicate that they’re not entirely sympathetic to the recording industry.
But the last two chapters (before the conclusion) deal with radio and file sharing, so it might be interesting to see what they say on those topics.
The chapter on radio contains this surprising boner on page 45:
And that footnote takes you here: http://www.history-of-rock.com/payola.htm
They should choose their sources more carefully. “Payola” is indeed a combination of “pay” and “Victrola” (just as the name of the first company to market a car radio, “Motorola,” combined “motor” and “Victrola”), but the Victrola was not “an early type of LP record player.”
The original Victrola, introduced in 1906, was the first enclosed horn player, intended to be a piece of furniture as well as a machine. Like the open horn machines, it was designed for acoustic disks. It sounds terrible playing electical recordings.
The Orthophonic Victrola, marketed for the Christmas shopping season of 1925, had a much larger cabinet with a much bigger folded horn (with a bass cut-off frequency around 30 c.p.s.), and was designed for the then-new electrically recorded 78 RPM records (early acoustics varied widely in speed, but by the early teens most were close to 78; you could “tune” the pitch by adjusting the governor on the wind-up motor).
Victor continued to use the name Victrola on some phonographs into the Seventies, but the name had nothing to do with LP’s per se. (RCA started its Victrola budget classical music label in the mid-Sixties, but the name had been used, along with Victor, back in the acoustic era.)
Have fun looking for more gaffes, but read that paper carefully for clues to what Krueger’s position on the Council of Economic Advisers might mean for radio.
Krueger and Marie Connolly, his Princeton colleague, are the co-authors of an 86-page research paper titled “Rockonomics: The Economics of Popular Music.” You can find it here: http://www.irs.princeton.edu/pubs/pdfs/499.pdf
The authors correctly note on page 6 that “bands receive relatively little of their income from recording companies.” That would seem to indicate that they’re not entirely sympathetic to the recording industry.
But the last two chapters (before the conclusion) deal with radio and file sharing, so it might be interesting to see what they say on those topics.
The chapter on radio contains this surprising boner on page 45:
And that footnote takes you here: http://www.history-of-rock.com/payola.htm
They should choose their sources more carefully. “Payola” is indeed a combination of “pay” and “Victrola” (just as the name of the first company to market a car radio, “Motorola,” combined “motor” and “Victrola”), but the Victrola was not “an early type of LP record player.”
The original Victrola, introduced in 1906, was the first enclosed horn player, intended to be a piece of furniture as well as a machine. Like the open horn machines, it was designed for acoustic disks. It sounds terrible playing electical recordings.
The Orthophonic Victrola, marketed for the Christmas shopping season of 1925, had a much larger cabinet with a much bigger folded horn (with a bass cut-off frequency around 30 c.p.s.), and was designed for the then-new electrically recorded 78 RPM records (early acoustics varied widely in speed, but by the early teens most were close to 78; you could “tune” the pitch by adjusting the governor on the wind-up motor).
Victor continued to use the name Victrola on some phonographs into the Seventies, but the name had nothing to do with LP’s per se. (RCA started its Victrola budget classical music label in the mid-Sixties, but the name had been used, along with Victor, back in the acoustic era.)
Have fun looking for more gaffes, but read that paper carefully for clues to what Krueger’s position on the Council of Economic Advisers might mean for radio.