[music] Hit Charade — the problem with the music industry … ‘Since 1980, the mainstream music industry has only consolidated: Five companies control CD sales, MTV owns a multi-channel music-TV franchise, and a single company, Clear Channel, dominates both the concert business and Top 40 and rock radio. Ironically, if unsurprisingly, the biz has suffered from its near-monopolistic control. Short-sighted labels and tightly programmed radio have bolstered the success of certain styles and performers but prevented anything fresh from breaking through.’ [via Sore Eyes]
Mainstream Music Industry Woes
This entry was posted on Monday, August 26th, 2002 at 10:25 am and is filed under Music.
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