Friday, September 12, 2008

How the Music Industry Spent the Summer Killing Itself

Yup, I'm a bitter consumer.

Ad Age takes a look at the backwards thinking the Music Industry employs in its constant march into irrelevance.
They seem focused on preventing customers from hearing new music, making it harder for customers to easily purchase music, and driving potential customers to file sharing.
It's been a depressing summer for the delusional record industry. We're seeing a total disconnect between labels' unrealistic, old-school revenue expectations and what the market can bear. On the streaming-music front, the sad reality is that advertising revenue may never fully support the music industry's wishful-thinking profit margins.

read more | digg story

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