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South Korean Music Retailers Dying

Posted by timothy on from the buggywhip-makers-dying-in-streets dept.

terrymaster69 writes "According to this Reuters feature, 95% of South Korean music retail businesses have failed in the last year. 'While South Korea is not alone in seeing a downturn, the drop has been greatly accentuated and particularly deep because of the country's high-speed Internet access and a youth culture that uses some of the most sophisticated gadgets available.' Is this really a problem or just a natural progression?"

3 of 568 comments (clear)

  1. Really? by Xpilot · · Score: 4, Funny

    Did Netcraft confirm it?

    *ducks*

    --
    "Backups are for wimps. Real men upload their data to an FTP site and have everyone else mirror it." -- Linus Torvalds
  2. That's it... by polecat_redux · · Score: 4, Funny

    ...Kim Jong Il has gone way too far now. It was one thing when he was developing nuclear weapons (hell, the US didn't seem to care), but now he's killing the South Korean recording industry? For shame.

  3. It all depends... by OpenSourced · · Score: 5, Funny

    Is this really a problem or just a natural progression?

    Well, much depends on if you are a Korean music retailer or not.

    --
    Rome taught me patience and assiduous application to detail. Virtues which temper the boldness of great, general views.