by Mike Masnick
Tue, Oct 13th 2009 9:43am
JJ passed along a short article from a week or so ago, claiming that the "outlook" for the music industry is "still grim" according to some industry insiders at a conference. Except... that's not really true. Once again, it seems like there's confusion between the recording industry and the music industry. Yes, it may be true that the outlook for selling plastic discs or downloads may not look so hot, but that's hardly everything that encompasses the music industry -- and claiming otherwise is not at all accurate. The recording industry has pushed this myth for years, and it's too bad the press continues to parrot the same line. Yet, when studies actually look beyond just selling the music directly, they find that the outlook isn't grim at all. Claiming that the outlook for the music industry is grim is like claiming that the outlook for the transportation industry is grim in 1910 because the market for horse carriages is declining.
If you liked this post, you may also be interested in...
- Competition In The Music Space Is Great: Fragmentation In The Music Space Is Dangerous
- Awesome Stuff: Headphones & Helpers
- Bad Copyright Laws Scaring Off Necessary Investment In New Digital Platforms
- Techdirt Podcast Episode 17: Musicians Making Money, With Composer Adam Fong
- Awesome Stuff: Auds & Ends