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Any Way You Spin It, Music Industry In Trouble – Feature
No wonder pop fans are singing the blues. Radio sounds like a broken record. CD prices are heading off the charts. Labels are out of tune with the digital age. New acts fail to strike a chord with listeners. It’s time to face the music. The $14 billion recording industry, struggling through its first sales slump in a decade, faces challenges on several fronts, not the least of which is a tarnished image in the eyes and ears of fans who feel ripped off by greedy, tone-deaf bean counters. In 2001, album sales dropped 2.8% compared with 2000, the first… Read more »
