Wednesday, October 12, 2005

What Do You Do When Everyone Hates You?

Apparently, Forrester Research just released a study talking about the woes of the music industry. This prompted an article on TechWeb talking about the one big fact missing from the report: you know you're in trouble as a business when everyone hates you. From the musicians (who create their product) to the music lovers (who buy it), the music industry has earned itself a lot of spite.

Of course, the fact that the article points out that consumers largely don't pay attention to record labels works in their behalf as well, as few people say things like "I don't buy Sony". But folks are at least starting to say "I don't buy RIAA", which tends to target all of the big guys.

Anyway, the article also mentions the music industry's going through the "5 stages of death and dying", which was amusing, and echoes one of my earlier points that publishers are becoming increasingly irrelevant. All in all, a good read.

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