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High times for music industry

p2pnet.net News:- “If the music industry still is suffering from a decline, it would have been difficult to determine it … while standing in the lobby of the Austin Convention Center,” says the Hollywood Reporter.

Then, “thousands of music industry professionals and entry-level aspirants” descended on Austin for the South By Southwest Music Conference & Festival which, “now serves as perhaps the best available barometer of the state of the business,” says the story.

SXSW managing director Roland Swenson is quoted as saying, “It’s a really broad base of customers.

“If any one segment is having a bad year, we’re not crippled.”

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See:-
Hollywood ReporterSXSW dances around industry woes, March 18, 2005

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3 Responses to “High times for music industry”

  1. Reader's Write Says:

    Not Yet!!! But your day is dawning

  2. Reader's Write Says:

    Mathematically alone they could have made billions by offering their old out of print tunes online. Instead they let them collect dust until the collective consumers found out how to get what they desired.

    Now the narrow-minded and ultra controlling and excessively greedy content owner big shots are kicking themselves in the ass as they deserve to be.

    Instead of damage control, they are fighting this one tooth and nail and losing more and more everyday instead of giving the consumer what they want and how they want it. The consumer will pay for this content (songs or movies) at a fair price. Fair price is not determined by the owners anymore, but by the market (collective consumers). Someone kick them into reality before they lose that 8th house in Italy, the 3rd Lamborghini and the place on Malibu Beach.

    Look in the mirror boys (schmucks really), money is at your doorstep ringing the bell and you are not answering it. They’re already coming through the windows and the big doors are next!

  3. Reader's Write Says:

    Problem is that it will probably take a while before they would notice it. and the biggest problem is that they try to get the law on their side.

    Doom and gloom situation is that the law protects the rich and not the people it should.

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