Comments on: ANYONE SEEN MY $4.2 BILLION? OR THE END OF THE MUSIC BUSINESS - CHUCK KLOSTERMAN

By: JWallace

JWallace — Thu, 10 Apr 2008 19:55:14 +0000

What fascinates me is NOT that record sales are down…but the LACK of reports on the potential or actual collatreral damage this might be causing in other sectors.

How have guitar sales been affected? Is there a domino effect from corporate labels getting their asses kicked and the musical instrument, stompbox and effects rack makers? Do these dots even connect? It doesn’t seem so–and that’s curious. People certainly aren’t making LESS music….the bigger picture is a fascinating thing even at its most murky depths.

By: Roy Christopher

Roy Christopher — Thu, 10 Apr 2008 19:11:14 +0000

Funny, Justin, I disagree, but reach a similar conclusion.

By: Kiala

Kiala — Thu, 10 Apr 2008 19:04:26 +0000

I would like to see what Chuck Klosterman would make of my $59,000 in student loans which may or may not have financed my rock and roll lifestyle.

Also, I would like him to sing the answer.

By: justin

justin — Thu, 10 Apr 2008 13:54:34 +0000

Ok, so I agree with the reasoning behind Chuck’s arguement; “People stopped buying albums because they wanted the fucking money.” But I think that by making the assumption that it all went toward paying off debt (debt that was accrued by spending on, uh, music), he is brushing off the fact that 4.2 Billion dollars may simply not be part of the music industry economy at all, anymore.

We talk a bunch about the distribution of revenue as it is split between artists and companies, but if there is simply less cash to go around, then that can’t be a good thing for anyone. We need to “make the pie higher.”