[BC] music industry woes

Barry Mishkind barry at oldradio.com
Sun Oct 21 17:42:44 CDT 2007


At 03:17 PM 10/21/2007, Robert Orban wrote
         I would think, unless your friend and the others were
>>         all making multi-million dollar salaries that this was
>>         a short-sighted cost-cutting move by someone worried
>>         about *their* job, rather than a reasoned approach to
>>         help the company succeed.
>
>I hear a lot of this kind of thing. However, music *listening* is 
>higher than ever -- the argument that "today's music isn't appealing 
>to consumers" just isn't true, even though it may not appeal to 
>those of us in the 55+ demographic. The problem is simple -- you 
>can't compete with "free." The last statistic that I saw indicated 
>that paid downloads were less than 2% of total downloads; the rest 
>were pirated.

         Interesting. That is part of the problem.
         Of course, this doesn't include those buying
         the CDs in the traditional way.

         I am not against artists being paid. Don't
         get me wrong.  I'm just thinking that the
         old record company metaphor is gone, as
         are many other parts of society.





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