Change Happens….

This attitude will win over consumers for sure...
There is a great piece over at the Motley Fool on the luddite, determined-to-fail, keep-trying-to-kill-the-geese-that-lay-golden-eggs (yes I mean among other things Pandora) music industry. Yes, this subject has been beaten to death, but here’s an excerpt below…
“…The record industry as we know it is buckling under pressure from digital downloads. Labels like Warner Music (NYSE: WMG) like to blame illegal file-sharing for much of their problems, continuing a Quixotic lawsuit crusade against the windmills of piracy. “Digital sales gains don’t make up for the physical losses,” they often complain. But that lament fails to account for the fact that consumers have broken free from the restrictions of the old album format. One-dollar single-song downloads have simply changed the way fans buy their music. Why download a whole album when you can just pick the good stuff and leave the yucky filler material behind?
The way to fight this battle is to start trusting the consumer a little. Apple’s success proves that people are perfectly willing to pay a reasonable amount of money to fill their musical desires, as long as the shopping experience is easy and elegant. The company is selling iPods about as fast as it can make them, and iTunes sales follow suit….”
I would add that the labels’ lament fails to account for the fact that consumers simply don’t like the vapid, over-compressed, pablum that the labels insist on churning out.
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