12.11.2006


Cry Me a River - Record labels still sniffing around for the profits of yore.
Published: December 11, 2006 in the New York Times
"Major labels have begun demanding a cut of concert earnings or T-shirt, ring tone and merchandise revenue from new artists seeking record contracts."

This article gives a nice look into the dissolving of the old record industry and the death of the blockbuster.

“Consumer fickleness has become evident on the Billboard charts, where the old blockbuster album appears to be a dying breed. More titles have come and gone from the No. 1 place on the magazine’s national album sales chart this year than in any other year since the industry began computerized tracking of sales in 1991. Analysts say that reflects the lackluster staying power even among songs in demand.”

I don't read it as lackluster staying power but as a turbo-charged consumers, listening to so much more music from so many different sources: smarter consumers. Record labels are so upset that it's so hard to get millions of people to all want the same thing now that they have more access, but that seems like good news to me. It's a slow decline of conformity in a way. I'm going to try and flesh this out later in my article for the APAP blog

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