How Wall Street destroyed the music industry

[beccabear67]

Have to pass on this excellent opinion piece about the music biz and why it was so much better in the past...

http://www.pstracks.com/opinion/how-wall-street-destroyed-the-music-industry/

any thoughts? The new heavily-hyped and overly-processed sh*t from Lady GagGag on down sounds entirely the same as an mp3 because there's not much subtlety or musicianship
involved never mind anything live/alive. Fans of that kind of thing are hardly going to want to own the highest sound quality version while vinyl as well as CDs are selling on The Racontuers or Union Station not to mention classic recordings of the past when artistry or at least attempts at it could still occur. Too many MBAs, not many creative people in charge. They'll wipe it out and the creative people and fans will then get to do it all the wrong way again which is the right way. Hopefully the same happens in Hollywood eventually too. Creative people taking chances and doing new things is what created things originally so get out of the way is how I feel, and people (even teenagers) should quit paying for substandard empty sh*t.

 

[depravedskippy66]

No surprise when you have lawyers and bean counters running the major labels these days. Is there anyone working in the music industry willing to go on record as actually being a fan of the shit they push down the throats of Joe and Jane Sixpack? They're making money in the short term, true, but totally blind to the fact that they've become increasingly irrelevant.