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The Big Decline Within the Music Industry… June 28, 2007

Posted by Lauren in Music Industry, News.

For those of you who haven’t had the opportunity to read the article in the most recent Rolling Stone issue (yeah the one with The Police on the cover and Sting looking older than ever), please check out the link here. It has everything from Nielsen stats of the major decrease in album sales over the past years (even though digital is on the rise, we’re still in the red folks) and “anonymous” quotes from Senior Executives that paints a very ugly picture on where the industry is headed. Not to mention how many record label folks who’ve been “laid off” over the past few years. As I argue just about every day of my life when discussing the industry’s demise, it’s time for a change and by change I mean a new business model and pushing the dinosaurs and their old frame of thought (cough radio cough) out! Enjoy the article and I hope that someone comments with their thoughts.



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