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The Downward Spiral of Music Retailing

Posted by michael on from the nine-inch-nails dept.

chundo writes "Business Week has an article about the financial problems plagueing specialty music retailers. Tower Records, Musicland, and Sam Goody are all "hemorrhaging money", despite efforts to move sales online. Some chains are trying to adapt - Virgin Megastore is testing an in-store service to download songs to portable players, and their Radio Free Virgin unit hopes to break into digital music retailing. Is the failure of conventional music sales reinforcement that the RIAA's business plan just doesn't work, or will it just provide them with more ammunition against the P2P crowd?"

5 of 415 comments (clear)

  1. Damn!! I Missed the FP again. by Anonymous Coward · · Score: -1, Offtopic

    That sucks! Why won't you guys give me a chance??

  2. In other news by BlaKnail · · Score: 0, Offtopic

    There's a Grammar News Weekly report about proofreading problems plagueing Slashdot editors.

  3. WRONG. Its Hagrid. by Anonymous Coward · · Score: -1, Offtopic

    I've read it, troll.

  4. Re:I wonder... by brsmith4 · · Score: 0, Offtopic

    I was waiting for the NIN reference. Thanks :)

  5. Re:Price, not piracy by Anonymous Coward · · Score: -1, Offtopic

    No Mp3s or copied CDs?!
    Get with it, loser.

    http://www.kazaa.com

    We all know about the exorbitant pricing. We also know about copyright infringement but we still use Linux don't we?