Monday, April 09, 2007

Spinning Into Oblivion

This sad, but informative, New York Times article tells the story of the destruction of the music industry from the eyes of the small music store owner (and manages to do it in only two pages):
The major labels wanted to kill the single. Instead they killed the album. The association wanted to kill Napster. Instead it killed the compact disc. And today it’s not just record stores that are in trouble, but the labels themselves, now belatedly embracing the Internet revolution without having quite figured out how to make it pay.

Via Digg