Ten years after the music industry went on the ultimate Atkins Diet it has lost about half of its girth -- if you adjust sales for inflation since 1999.
And as The New York Times Op-Ed page contributor Charles M. Blow observed recently, "At that rate the industry could be decimated before Madonna's 60th birthday".
Tell that to Live Nation who signed Madonna to a lucrative ten-year contract.
But this isn't about Madonna but may be news to the general public -- not to the industry.
The music industry died from self-inflicted wounds a long time ago.
Failing to take Napster out when it reared its pirate's&hellip
Recent Posts
- Red Flags Flying at Townsquare
- Brutal Cumulus Firings
- Salem’s Liquidation Strategy
- Unnoticed Changes in Radio Audiences
- Why Urban One Can’t Keep an Accountant
- Digital Games Radio is Playing
- You May Have to Deal with AI-Driven Deregulation
- This Is What a Recession Looks Like in Radio
- What’s Going On in the iHeart Boardroom
- Rise of "TikTok-to-Podcast" Funnels