Detailing the music industry's decline

by Jason Gross

21 August 2007


There’s a good cover story from Prospect Magazine which lays out all the problems that the record industry has been going through for the last few years and how they brought a lot of it on themselves (no matter how many lawsuits they file to the contrary).  One thing I don’t agree with in the article is about included free CD’s in newspapers- they think it’s useless and only devalues CD’s when in the article, they’ve already argued how CD’s are ALREADY devalued (and Prince used this ploy wisely too).  Also, I don’t like how the article doesn’t offer solutions and instead only serves up a lot of gloom- concert sales seem to be the only way artists can make a living nowadays but as many rappers have shown, there’s a lot of money to be found in other kinds of marketing.

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