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All forms of legacy media are being affected by radical changes in the marketplace. It will be interesting to see what survives in the digital and internet age.
1 posted on 01/16/2009 5:49:10 PM PST by Wolfstar
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To: Wolfstar
I noticed that they didn't blame the sales fall on the fact that today's music SUX!
2 posted on 01/16/2009 5:53:22 PM PST by Cowboy Bob (Barack Obama: The Bernie Madoff of Politics)
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To: Wolfstar

How’s George Jones doing in CD?


5 posted on 01/16/2009 5:59:36 PM PST by Bertha Fanation
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To: Wolfstar

Lots of people are ignoring new music in favor of older music in the form of vinyl.


6 posted on 01/16/2009 6:02:04 PM PST by ResponseAbility (Government tends to never fix the problems it creates in the first place)
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To: Wolfstar

Yeah, I listened to XMU the other day just to see if I could glean any gems from the current college/indie scene.

Not much joy at all, and a lot of stuff that sounded like it was made by people who (a) can’t sing, (b) have an extremely limited sense of melody and/or harmony, (c) are going crazy playing with ACID or Fruity Loops software and don’t really know what they’re doing, (d) are just really depressed and want to die, (e) all of the above.

OK, I did like a few songs by Nada Surf, a song by My Morning Jacket was mildly intriguing, and Blitzen Trapper’s “Furr” is a weirdly catchy folk ditty. But other than that..GONG!

Haven’t bought any CDs lately because I can’t find anything I’d really like to listen to for 12-14 songs.


7 posted on 01/16/2009 6:04:35 PM PST by RepublitarianRoger2
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To: Wolfstar

This was not a good day for Boy George either, doubt he made a dime lol.


8 posted on 01/16/2009 6:09:37 PM PST by quantim (Victory is not relative, it is absolute.)
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To: Wolfstar
Oh my ... first it was Global Warming™, then Climate Change™, now its Global Music Sales Fell™ ...

We're DOOMED !!!!

9 posted on 01/16/2009 6:10:21 PM PST by Mr_Moonlight
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To: Wolfstar

And as I read on related threads that Hollywood is negotiating
talent downward and that pro sports will soon follow, does anyone here think their cable bills will notice?


12 posted on 01/16/2009 6:25:47 PM PST by printhead
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To: Wolfstar
"85% of everything is crap." -- Theodore Sturgeon
13 posted on 01/16/2009 6:28:58 PM PST by Revolting cat! (After all is said and done I'm goodier goodier than you!)
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To: Wolfstar

I remember when CD’s were first coming out the software companies warned the record labels that going digital was going to guarantee lost revenue because it was always going to be easy to copy and share. And that was before anyone ever even pondered the idea of Napster.


14 posted on 01/16/2009 6:30:40 PM PST by SlapHappyPappy
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To: Wolfstar
When Apple opened the iTunes Music Store in April 2003, that sounded the beginning of the death knell for album sales because with iTMS, people could buy individual songs and albums with essentially only a few mouse clicks. The trend accelerated when Amazon.com opened their MP3 download store in September 2007, which became the first viable competitor to iTMS.

Today, we are back to the style of selling music like it was throughout most of the 1950's--music sales by individual song.

In my opinion, what may finally put an end of Compact Disc sales is when online retailers start offering their music in lossless formats such as Apple Lossless, FLAC or possibly WMA Lossless formats. With improving Internet bandwidth and cheap server storage nowadays, we could just see that happen within the next 3-4 years. The most likely lossless format to become widely commercially available for download will be Apple Lossless, since the iPod nano, iPod classic, iPod touch and iPhone support the format and the higher end players from Creative, Microsoft and Sandisk could upgrade to play the Apple Lossless format with a firmware upgrade.

19 posted on 01/16/2009 6:54:03 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: Wolfstar

Time to bail out Feist.


22 posted on 01/16/2009 6:55:56 PM PST by Larry Lucido (I was predestined to be an Arminian but am considering choosing Calvinism.)
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To: Wolfstar

“It’s the music, stupid.”


26 posted on 01/16/2009 7:00:15 PM PST by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: Wolfstar

It was all downhill after this:

http://www.youtube.com/watch?v=Kr2jlCyCJBI


30 posted on 01/16/2009 7:24:56 PM PST by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: Wolfstar

I can’t see recorded music making a comeback economically. It won’t go away altogether, but it will never be the cash cow for the record companies that it once was. In fact, I wonder if the whole notion of “record companies” is soon to become an antiquated one. To be sure there will always be music, but it will become increasingly an undifferentiated commodity.


39 posted on 01/18/2009 9:49:44 AM PST by 2 Kool 2 Be 4-Gotten
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