Peter is a very sharp writer – read this one: No One Likes The Music Labels. Who Cares? – Silicon Alley Insider.
"The number of UK consumers who said they trusted the industry fell from 47% in 2007 to 31% this year, with confidence disturbed by moves by the music industry to track down and punish illegal music copying, and high-profile scandals in broadcasting….The bigger problem for the music business: There just may not be that
many music lovers. Recall that Radiohead, perhaps the world’s
best-loved tech-savvy band, offered to let their fans pay whatever
they’d like for their new album last fall — and most chose not pay a penny.
If that’s at all indicative of bigger trends — and we think it is —
then the music industry’s future is clear: A modest, niche business
supported by a handful of passionate consumers, and ignored by most
others. And no PR agency will be able to fix that…"
Wow. Here is my comment, below
This post has been read 154 times!