Friday, February 26, 2010

Music Apathy: Is it the Record Biz's Own Doing?

According to industry analyst Russ Crupnick, the number of people buying music has dropped by 35 million from 2007 to 2009. Seems P2P file sharing has also declined. This is a classic case of MAD: Music Apathy Disease.

This Robert blames the established music biz for not focusing on new music. First, these companies are trying to sell the same music over and over again. Seems the only new music artists the major multinational companies are developing are the ones who have turned over all their rights in the "360" deal mentality. That's right, if the big companies don't own everything, no matter how good the music, it's not going to see the light of day if Mr. Big doesn't get his. It's not the smartest business plan, increasing profit at the expense of shrinking the market.

No comments: