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Part of that stems from the continued proliferation of illegal file trading, which has caused an estimated $700 million of lost CD sales since 1999.
I do feel it has been a cause in the recent decline in CD sales.
They're losing money because they have a shitty product. Todays bands all sound the same. They know 3 chords (all fifths) on the guitar and can play them really fast. Who'd pay for this crap, when you can get it free. If it actually cost money, no one would listen to it.
I couldn't agree more. There are a few bands out there with some talent.. but, often the talented bands are all about musical complexity so, they don't get popular. Or, they have talent but, no soul or some other element that makes people able to connect emotionally. It's a tough balancing act to find. From what I've seen, the industry isn't concerned with finding bands that have that interesting element that people might like... they want tried and true money makers. The Police would never make it tod ...
"The problem with the music companies is that they care about their product least of all, that is, they care about the music least." ..