Did video kill the radio star?
NAH!
Will itunes kill retail - you bet your ass it will.
This just in - music sales down 20% in 2005.
Why?
Lots of reasons but the main one is that big stores like wal mart are selling cd's at $5 and losing on them to get you to buy in their stores.
Other retail is squeezed at both ends - competition from stores and online.
Labels eat shit all the time now because we have to pay for recordings and marketing and all that and radio won't play new music much so we all loose out. New acts sell less than they used to so they aren't signed so no more new music so no new stars so ......... vicious circle time.
Something has to give.
Keep the faith and we will find a way.
Hopefully it is the big companies that will bite the dust and give us all a chance to get back in the game.
The glass is half full. Mostly thanks to indie labels and acts who keep going regardless and who will create the soundtrack to your lives for the next 20 years.
Bring it on!
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