April 2nd, 2007

Thoughts on the Music Business

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via Mark Cuban

The first thing that dawned on me as I thought about this was simple, yet scary. I cant remember the last time I bought a CD Player of any kind, nor can i think of a reason why I would. Sure, my PCs have one, but its rare I use it for music. If the music industry is going to rebound, rather than trying to find ways to sell more CDs, they have to either find a reason for people to start buying CD players again, and I cant think of a single reason why anyone would, or the industry has to quickly as possible find a way to get rid of music CDs. Their ongoing dependency is creating an imbalance that drags them further away from turning their business around.

Hear hear!

If people are not buying CD players, then there wont be a CD industry anymore. Music download (DRM or not) is the future, embrace it or die!

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