Deathwatch: Music Industry
The music market is spinning faster than the Big Four labels can follow... This was illustrated with painful clarity in a recent Economist article: Following a teenage focus group at EMI’s London headquarters, the participants were offered any and all that they wanted from a pile of free CDs. The kids took NOTHING! Ouch!
For more on the shift in buying habits away from the album-format CD to pick-and-download single track purchases, see this article at ars technica
How will this affect audiophile markets? Hell if I know. We’re not exactly a market force, but I suspect there will continue to be demand for well-recorded music. What we’re seeing is a technology shift. Hopefully the song remains the same…
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