Record Industry Suicide
Out of context: Reply #8
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- TheBlueOne0
Also interesting his an insightful observation about the record industry trying to protect a metrics system (Billboard Chart ratings) to determine market value of product and that metric system isn't even valuable anymore because it doesn't measure anything accurate. The entire industry is like Waiting for Godot in business form...
I used to manage a little ma & pop music retrailer from 86 - 94..basically a college job that I stayed too long at only because it allowed me free time and beer money. It was a fun industry to work in and even at the ma & pop levels you were really tied into the major labels and you'd get perks...but by the mid-90's it was starting to die loong before the mp3 thing hit because the industry never dealt with CD pricing issues, and the nature of music changed as well. I worked in a shop in suburban new york and the kids went form wanting all the classic rock to wanting rap - which no ma & pop shop outside of urban centers understood at the time - and whose value was made up in dj mix tapes. Partr of my job becasme driving to the Bronx to buy mix rtapes on the street to resell in this shop because that's what these little suburban rapthug wannabes wanted and it still wasn't enough "Yo, this joint is soo last week, what else you niggers got." And I'd be like "kid you're a 15 year old white kid from Scarsdale, drop the ghetto lingo"...but the industry was already dying from that shit...
It's sad because I remember over those years working with other cats who were really into the music, you could come into our store and with any music related question and we'd dig it up for you. I miss that typw of interaction with people, even though I easily find plentry of new shit on the internets these days.
The labels were dinosaurs then and even moreso now..and the music business, as currently formulated, has no future in it...
Fun to watch it's death throes though...