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Two indications that the majors have really lost the plot...
TOPIC: Two indications that the majors have really lost the plot...
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Re:Two indications that the majors have really lost the plot... 18 Years ago
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Fragmentation means MORE opportunities to reach people.
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Yes. But each one of this different markets is much smaller than the "mainstream" (aka the songs that got into the Top 30) used to be.
So to be succesful labels have to
a) adjust their costs,
b) produce different products for these different markets.
This is something the majors can not do, so there is a chance for small labels / producers.
[quote]Some won't but then it was ever thus, some people simply listened to the radio, some people would tape music. Code: |
The industry made most of the money with two core audiences:
a) the heavy buyers: They bought the singles / albums on vinyl, the cd, the cd with the bonus tracks, the remastered cd with the "original" sound etc.
b) teenagers: Today teenagers buy iPods, mobil phones, computers. They even used to buy ringtones. But they don't buy music.
There will (always?) be a market for a physical music product (CD), but I don't think that there will be a market for downloads in 3 to 5 years. At least not at current prices.
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