MUSIC INDUSTRY: The Day The Music Died (Again)

By: Jerry Del Colliano
From: Inside Music Media

No, not the plane crash that killed Buddy Holly, Richie Valens and The Big Bopper.

I’m referring to the other day the music died – the day the record labels decided to sue their customers through the RIAA. And, fight the Internet because it feared downloading music – even legal downloading –- would put a crimp in critical CD sales (which it did).

Things are sure quiet out there in record land.

Not a peep from the major labels other than last minute attempts to buy each other. (Just what you want, dying companies merging with each other).

The cutbacks continue. It’s business as usual. No bold new plans. Artists are getting restless. Apple is driving the negotiations for any upcoming changes to their iTune pricing and library availability. Only one label has consented to removing DRM protection.

All this and still no hot new music trend.


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