Record Labels Struggle With the Album's Demise

Supplying yet more evidence, if more were needed, of the dire straits the music business increasingly finds itself in — reader cphilo sends us a NYTimes article about the death of the album as the mainstay of profit, and the record labels' struggle to adopt to the new realities. The article notes the trend of the labels signing artists for a single song, maybe two, and a ring tone.

Comments

Dire Straights?

[Frostalicious]

Yeah they are in Dire Straights. They need to Rush and abandon their Cheap Tricks and keep their Doors open to a new Genesis, or get crushed under the Rolling Stones of progress. One day when you mention the RIAA, your buddy will respond, "The Who?"

Re:Just like the death of the LP!

[bob.appleyard]

You're not a DJ. So that means...