An anonymous coward writes:
"Killing the Music"
Don Henley, Washington Post
When I started in the music business, music was
important and vital to our culture. Artists connected
with their fans. Record labels signed cutting-edge
artists, and FM radio offered an incredible variety of
music. Music touched fans in a unique and personal way.
Our culture was enriched and the music business was
healthy and strong.
That's all changed.
Today the music business is in crisis. Sales have
decreased between 20 and 30 percent over the past three
years. Record labels are suing children for using
unauthorized peer-to-peer (P2P) file-sharing systems.
Only a few artists ever hear their music on the radio,
yet radio networks are battling Congress over ownership
restrictions. Independent music stores are closing at
an unprecedented pace. And the artists seem to be at
odds with just about everyone -- even the fans.
Contrary to conventional wisdom, the root problem is
not the artists, the fans or even new Internet
technology. The problem is the music industry itself.
It's systemic. The industry, which was once composed of
hundreds of big and small record labels, is now
controlled by just a handful of unregulated,
multinational corporations determined to continue their
mad rush toward further consolidation and merger. Sony
and BMG announced their agreement to merge in November,
and EMI and Time Warner may not be far behind. The
industry may soon be dominated by only three
multinational corporations.