In today’s Washington Post, deep thinker John Handey Doug Henning Don Henley uncaps his fountain pen to decry the state of the music industry today.
To recap his wisdom:
- The big corporations are squeezing out the small labels.
- The big corporations are putting out crappy music because…..
- Music executives don’t sign new artists that audiences really want because….
- The big retailers are squeezing out the small record shops by stocking crappy music at high prices, but too low for small record shops to make a
profitmeaningful contribution.
Actually, I am not really sure what his wisdom is, much like he surely doesn’t understand how capitalism works. What the audience wants, someone will sell them, and the music industry is evolving beyond the traditional channels.
Others weigh in:
- Will Collier on VodkaPundit (lots of posts–start here and scroll down).
- James Joyner on Outside the Beltway.