There’s No Business Like No Business

February 4, 2011 · Posted in Music Business, News 

You may have noticed that I haven’t been writing about the music business much. It’s a drag man.

I spent a good deal of time shouting from the rooftops about what was coming and now it’s here and I don’t have the heart. I don’t even read much music news anymore. I do still subscribe to the Digital Music News because, Resnikoff and crew are really good. Here are a few sample headlines and text from today’s stories…

Wow, YouTube Really Thinks We’re That Stupid…

Sorry, the gig is up on free music. It isn’t making bands rich, or even making ends meet, for that matter.

Exclusive: UMG Executing “Sinister Plan” to Block Royalty Challenges…

Is This Just Going to Zero? Sony Music Sales Drop 14.5%…

At least a rollercoaster goes back up again. But the picture on recorded music is looking more like a bottomless pit every day. In fact, the latest results raise the question of whether a bottom will ever materialize – or, if physical music merely erodes to something resembling zero.

*This keeps getting worse. There’s now another all-time lowest-selling number one album. Amos Lee’s Mission Bell just topped the US-based album charts with sales of 40,500 units. That beats recent records by Taylor Swift and Cake.

ouch…

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Comments

4 Responses to “There’s No Business Like No Business”

  1. Pat Darnell and Friends on February 4th, 2011 9:01 am

    It has led to insulting the consumer…biting the hand that feeds it … remarkable sentiments.

    Someone has to inhabit the bottoms of the Bell Curves!!

  2. JUDY on February 4th, 2011 12:57 pm

    PRIBEK ,
    JUST ABOUT AS YOU WOULD SAY … MINDLESS YOBE`S !!!
    EVERYONE WHO`S ANYBODY JUST OUT FOR A BUCK …
    OFF THE BACK`S OF WORKING MEN & WOMEN EVERYWHERE …
    GLAD TO HEAR YOU`R BUSY , THAT MUST MEAN YOU`R BEING
    PRODUCTIVE … THE MOVE IS LOOKING LIKE IT`S BEEN WORTH IT !!!
    BLESSED NEW YEAR EVERYONE !!! GEEEE ENOUGH WITH THE SNOW !!!

    ALWAYS , JUDY …. CINCINNATI , OHIO.

  3. Pat Darnell and Friends on February 6th, 2011 7:34 am

    JUDY: We should nominate yobes for the Golden Yobes Awards…. eh?

    – MEANWHILEm back at the neve table –
    STOP THE PRESSES: I found the new “PARADIGM” link HERE

    AOL has synthesized a master plan …. thanks to running water, and telomeres at the ends of our DNA strings … that’s right IT’S Cellular….

    HEY, Pribek, just because you are on the road, don’t mean you just “leaves us searchin’ for Friday Nights Cage Mauls !!”

  4. John Gaechter on February 6th, 2011 5:12 pm

    So I’m reading about The Wrecking Crew, next thing I wind up here, some music starts playing. What the hell is this?? Well this is really, really good. I got sucked in. Real music like this is in short supply these days. Might have to buy the CD, and I never buy CD’s anymore. From a fellow guitar player. I used to play in band called Snake Oil Willie. lol

    The music business whores did themselves in. I’ll never forget when vinyl was $5.99. CD’s came out at $16.99. We were told as more plants came online, this price would come down. Never did, and cd’s actually cost less to produce than vinyl. They got what they deserve. Sorry.

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