Re: The credit crunch + the internet and its effect on traditional media
Posted by: Surfpunk ()
Date: April 18, 2009 07:34PM

I saw the music industry declining from inside retail. It was easy to see what was going to happen. And obvious to me that people would only really miss specialist music stores when they were gone. But downloading isn't the only reason for that. An even bigger reason was the industry's greed for more sales..........irrespective of profit! And by that I mean by putting music into the supermarkets. For supermarkets music has no value. It is simply a loss leader, where the profits can made up on other items in the store. The result? The devaluing of the music/movie product. The specialists couldn't afford to reduce the prices and keep profit margins, so they slowly started to fold.

And then people realised they didn't need to buy music anyway........they could just steal it! For a generation music is just freeware/shareware.

It's not.

I just can't believe that people find it surprising where the industry is at right now. It was obvious what was happening!



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SubjectViewsWritten ByPosted
The credit crunch + the internet and its effect on traditional media 179 Russ 04/17/2009 02:14PM
Re: The credit crunch + the internet and its effect on traditional media 108 Burg 04/17/2009 03:19PM
Re: The credit crunch + the internet and its effect on traditional media 69 ARfm Studio 04/17/2009 04:15PM
Re: The credit crunch + the internet and its effect on traditional media 84 Boris Hollywood 04/17/2009 05:56PM
Re: The credit crunch + the internet and its effect on traditional media 78 Russ 04/17/2009 06:07PM
Re: The credit crunch + the internet and its effect on traditional media 74 Walk In The Shadows 04/17/2009 06:12PM
Re: The credit crunch + the internet and its effect on traditional media 94 Cato Alumni 04/18/2009 02:18AM
Re: The credit crunch + the internet and its effect on traditional media 99 Walk In The Shadows 04/18/2009 12:41PM
Re: The credit crunch + the internet and its effect on traditional media 76 Goddess 04/20/2009 04:52AM
Re: The credit crunch + the internet and its effect on traditional media 85 Boris Hollywood 04/20/2009 05:08AM
Re: The credit crunch + the internet and its effect on traditional media 89 Walk In The Shadows 04/20/2009 08:59AM
Re: The credit crunch + the internet and its effect on traditional media 90 Goddess 04/20/2009 12:14PM
Re: The credit crunch + the internet and its effect on traditional media 85 Walk In The Shadows 04/20/2009 03:54PM
Re: The credit crunch + the internet and its effect on traditional media 79 Boris Hollywood 04/21/2009 07:15AM
Re: The credit crunch + the internet and its effect on traditional media 87 Walk In The Shadows 04/22/2009 10:46AM
Not only greed 95 Snake65 04/18/2009 07:59AM
Re: The credit crunch + the internet and its effect on traditional media 97 Bizz 04/17/2009 06:47PM
Re: The credit crunch + the internet and its effect on traditional media 95 Nick 04/18/2009 02:29AM
Re: The credit crunch + the internet and its effect on traditional media 71 Addyeddy 04/18/2009 02:54AM
Re: The credit crunch + the internet and its effect on traditional media 76 Boris Hollywood 04/18/2009 04:54AM
Re: The credit crunch + the internet and its effect on traditional media 107 Britny 04/18/2009 04:53AM
Britny 85 Snake65 04/18/2009 10:37AM
Re: Britny 83 Britny 04/18/2009 11:06AM
Re: Britny 76 Snake65 04/18/2009 12:58PM
Re: The credit crunch + the internet and its effect on traditional media 63 Peter M. Bietenholz 04/18/2009 07:16AM
Re: The credit crunch + the internet and its effect on traditional media 76 Russ 04/18/2009 08:57AM
Re: The credit crunch + the internet and its effect on traditional media 101 MICK THOMPSON 04/18/2009 11:00AM
Killed the manufacturing business 73 The Carl 04/18/2009 12:42PM
Re: The credit crunch + the internet and its effect on traditional media87 Surfpunk 04/18/2009 07:34PM
Re: The credit crunch + the internet and its effect on traditional media 89 adguy 04/18/2009 09:35PM


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