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Is There Big Trouble Brewing?

It seems there is some trouble in the recorded music industry. Sales of recorded music has fallen 5% in 2001, 9% in 2002 and the global forecast is for a drop of 12-14% in the year 2003.

Regulators, especially in Europe have blocked mergers between companies including Universal, Sony, Warner, EMI and BMG, and seem to be holding firm on their positions. The music industry feels that consolidation may be the answer to many of their woes. I don't know if I can agree with this.

Do you remember when you purchased an album that contained 12 or so songs? Usually 70-80% of those songs were great recordings with quality content. Now if you find 10-20% of the recorded content to be of any quality you are doing well.

The recorded music industry likes to blame piracy and the world economy to be the culprit. Could it be the lack of quality in conjunction with out of proportion pricing? Many companies feel that format changes may provide the diversity for multiple income streams. Is that why they continue to introduce recycled music in the new formats?

I myself feel a great resentment towards the music industry. I am sick and tired of paying high prices for low quality and I'm sure many of you feel the same way. If the industry would like to see the new formats have a higher acceptance factor, don't you think they would do so by releasing new material on the newer formats?

I don't get it. Is there anyone out there willing to embrace the new formats so that they may listen to recordings that they have been listening to for the last 30 years? Will the industry ever wake up and realize that the consumer is disgusted with the bill of goods we are presently being sold?
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Showing 1 response by marakanetz

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marakanetz
5,473 posts
 
I'm with T_bone and jrd...
Brittney? Ace of Base? They're all just small-duration events in the whole industry like a flash from the camera that for some short period of time leaves a trace in the eyes. Pop always needs to be re-charged to flash again but how? It's already got nowhere to go and the further the less interesting it becomes even for teenagers.
For me the music ends in the end-80's I'd say as probably the one younger than T_bone where still there were lots of new-era electronic and progressive pearls still produced and in the 90's all these folks Brian Eno, David Byrne, Laurie Anderson, Jethro Tull, Yes become older and older...
Just visualize the MTV all throughout its existance to partially find answers that every day added today subtracts more and more music from recording industry that were realy tended to sell it.
Count me out! I care less and use for myself what's already been done so-far. I even did not rich 90's in my collection surfing through the rare and original albums of my favourite artists.
Grandma's and Grandpops are probably right that it was all begun after '60-s i.e. I mean Beatles(truly hate them for that!).
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