Posted July 05 2002 - 06:46 AM
There was an excellent article in Tuesday's LA Times (to read it click here)
on why the DVD industry is thriving while the music is slowly going down the drain.
Several reasons are given, including the music industry's fear and loathing of new technology, as well as their nonsensical price schemes:
| When I walked through Best Buy the other day, I was amazed to discover that the DVDs for "Austin Powers" and "Rush Hour" cost exactly the same as the movies' CD soundtracks. |
The most telling thing was the attitude of some music executives like the president of Universal Music Jim Urie:
| Urie says his company doesn't heavily research consumer attitude, noting, "We tend to ask how can we make more money and sell more product, not deal with consumer gripes." |
Jim Urie's thoughts on anyone who is complaining:
| The dissing of CDs is just a ridiculous self-justification for stealing the music. |
Not all music execs are quite as clueless as Urie -- I heard from a friend who works for Sony Music that they are going to start including DVDs with many new CDs to give extra value and promote sales.
Anyway, good article, give it a read.