Tag Archives: music biz

More music industry woes. The head of the venture capital firm that bought EMI last year is planning to cut hundreds of artists from from the label. An interesting tidbit from the linked article: About 85% of what EMI does release never makes a profit, in part because of the cash spent signing bands and partly due to overestimating demand. …

After about a year of “Coming Soon!” signs, the Record Mart in the Times Square subway station has finally opened, probably the first new record store in Manhattan in at least five years. But don’t let the entrance fool you. Those 20 or so records (all Spanish-language, btw) on the wall seem to be pretty much all they offer – …

If you want the new Eagles album, their first in 28 years and this week’s #1 on Billboard, you have to go to Wal-Mart as they are the exclusive retailer for the release. With few retail music chains left and indie record shops vanishing almost completely, for physical, in person sales, the music business is reverting to the sales model …

In an attempt to staunch the flow of red ink, the music industry has come up with the “ringle“, a slip-sleeved CD single of a hit song that will feature a couple of bonus tracks from the same artist and a code to allow buyers to go online and download a “free” ringtone of the main song. Cost: $6-$7. User-created …