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Another bit of Evidence that the Music Industry is losing
I have posted a link on my blog to a Mark Brown column in the Saturday Rocky Mountain News which discusses the current trends in music land. Nice column with evidence that the current strategies are failing and the music biz is headed for major reorganization. My favorite quote is:
The industry has tried to ignore downloading. Then it tried to quash downloading. This year it tried copy-protection, which doesn't work. In advance releases sent to the media and radio stations, it has tried putting digital watermarks on the CDs to keep them from leaking on the Internet. Others have gone more low-tech; Epitaph Records sent out the new Nick Cave CD with a letter imploring the recipient to please not leak the disc.
It just can't go on; it has finally reached critical mass. As noted here last week, concert ticket prices are starting to come back to Earth.
But this year it has finally dawned on the industry as a whole that the ship is sinking, and it's not about to stop.
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