Posts tagged ‘industry’

The music market is not down due to P2P

February 24th, 2009

“The music market is down not due to P2P “piracy,” but for four simple reasons: a) stiff competition for the entertainment dollar with formats like video games and movies, both have much larger marketing spends; b) the replacement cycle is over-digital music does not scratch or wear out like past formats; c) one now has the ability to purchase and listen only to the great songs without filler; and d) mass-merchant retailers today carry only the current hits, with little to no catalog.”

Terry McBride, more here. (via Taylor and Anthony)