A really good Op/Ed piece over at NY Times about the death march the music industry is on. Its not so much that people are listening less, its just that they are buying a lot less. Favorite quote being, “This is part of a much broader shift in media consumption by young people. They’re moving from an acquisition model to an access model.”
What is interesting to me is how we’ve worked so hard to defeat piracy by coming up with all these new models — Pandora, single track sales, etc — that we’ve taken away the cushion the industry had back in the day. In other words, we had to buy the album to get the songs we wanted and buying all those songs helped pay for the ones we did want. Those days are over. When was the last time you bought a full CD?
Photo credit, via Flickr thomasmperry
