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Wikipedia Overview

Ripped: How the Wired Generation Revolutionized Music is a book investigating the business aspects of the music industry by Chicago Tribune rock critic Greg Kot who is the cohost of the Chicago Public Radio show, Sound Opinions. It covers the revolution of music access and consumption resulted by the digital age and the effects it has on the music industry. The book also details the ways that artists have altered their business model in response to these changes to take advantage of digital distribution and peer-to-peer file sharing. Kot uses his firsthand access to illustrate how major recording artists have responded to the declining relevance of the big record companies. The Metallica and Napster case back in 2000 is brought up defining Metallica's clear stance on file-sharing. On the other hand, already highly successful musicians such as Trent Reznor and Prince believed in giving away their albums. The book mentions Radiohead's prior hesitation of becoming an independent band due to having to deal with all the business aspects of the industry such as setting up their own business meetings. However, the band was not satisfied with the fact that their major label could not keep up with how fans were downloading their music off the Internet. Eventually Radiohead put up their album In Rainbows (2007) on their website through a pay what you want model where fans can decide how much the album is worth.