I, Cringely's New Business Model for the Record Industry
Date: Thursday, December 12 @ 19:04:26 EST
Topic: File Sharing


Robert X. Cringely writes in this weeks The Pulpit about the future of the music industry (Curtain Call: Finally, a Business Model for Music in the Internet Age, and Why the Music Industry Probably Won't Go for It). His recommendation: record company execs should act like venture capitalists. Interesting, but record execs won't go for it because it require risk, and risk is not what they're about. Moreover, Cringely seems to assume that consumers will continue to pay for back catalogs when new media arrive, as many people paid for CDs of albums they already had in vinyl format. Hollywood is trying to play that game again, but customers are unlikely to bite.







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