
Leave it to Billboard Magazine, a scion of the fading music industry, to resort to old media tactics. This editorial on their web site is worthy of discussion but unless you happen to subscribe to the magazine for $24.95 a month you do not have the ability to comment. Clearly what happens as a result of this madness is that Billboard’s music business subscribers can hold up this editorial as a sign of “things aren’t so bad after all chaps…” and then continue to ignore the future of their business whilst looking backwards at the good old days. [Ironic note: check the image above and note the arrow in the right corner and the line 'Teen music spending drops.']
Read the post at Social-Cache.com

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Maybe all the rats on the sinking ships can all collect a bonus paycheck too. I’ve been reading Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age, By Steve Knopper. http://books.simonandschuster.com/9781416552154 Despite his insistence that the labels should have struck a deal with Napster (wasn’t gonna happen, didn’t happen) it’s a good picture of many of the “mistakes” that major labels made getting to the now. Speaking of Billboard, check out Glenn Peoples’ posts on their billboard.biz blogs. He did Coolfer for ages and is a smart one – turned me onto the Napster flaw in this book.
April 5th, 2009 at 9:34 amThe story with the ad on the right is classic.
Good looks, Dave. I think I’m bored with counting the ripples left by these sinking ships.
April 5th, 2009 at 10:08 am