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MTV: 2007 Borked the Music Industry

Posted by timothy on from the what-about-the-poetry-and-love-industries dept.

Sockatume writes "MTV thinks 2007 was the year the music industry broke, and provides a hefty pile of examples to justify it. Unsurprisingly, most of them revolve around the collapse of CD sales and the rise of digital distribution (authorised and otherwise). Be advised that many of the examples are the continuations or repercussions of old favourites (RIAA suits, the Sony rootkit fiasco)."

3 of 264 comments (clear)

  1. MTV itself is helping with the decline by maryjanecapri · · Score: 5, Interesting

    remember when MTV actually played music videos? don't they think that MIGHT have helped with the sale of music? and maybe the fact they now only play inane reality tv shows might have SOMETHING to do with the fact that music sales have dropped?

    --
    nature loves variety::society hates it get your variety at http://www.monkeypantz.net
  2. no longer offer anything of value by petes_PoV · · Score: 5, Interesting
    In the "old days" it was necessary to provide recording studios, press plastic records, bribe DJs, buy good reviews and coerce musicians into making records to order.
    Nowadays, most of those functions can be bought-in by the artist themselves. Record companies are now recognised as a barrier rather than the "necessary evil" they once were.

    If their demise means more poeple start producing music, themselves, then good luck. As always, some will suceed and some will fail. However the failures will only fail because of their own shortcomings, rather than industry politics, greed, marketing and (lack of) promotion.

    If there's anything us normal people can do to help bury the record companies, just let us know

    --
    politicians are like babies' nappies: they should both be changed regularly and for the same reasons
  3. Good riddance... by skarekrough43 · · Score: 5, Interesting

    Either you learn to evolve and thrive or you die naked cold and alone.

    They've resisted the changes because the money's so good. Even when it's still as bad as they claim it to be, there's still a lot of execs and Producers and underlings driving BMW's.

    It's no longer the 70's and they can't sit in the back room snorting blow and not expect everything outside of their little party to have changed.

    They should have backed iTunes more vigirously instead of having to be hauled into the 21st century like a 2-year old that doesn't want to go to bed. They should have backed a DRMless format. They should have coupled with a tech source to make the benefits of an offering where the DRM would be acceptable to the listener. The should have comprehended that the entertainment dollar is now split between them and video games and the internet and everything else.