DEATH BECOMES YOU : CHART OF THE MUSIC INDUSTRY

Well, I think the music industry slept on capitalizing on Napster. Also neglecting a shift in technology resulting in a "digital" monetizing gained by Apple. If I was a label I would be snatching candidates from Science and Technology schools for New Business Development Department. Labels need to look at game developers, screen writers, and etc. End of the day you are in an "Entertainment" industry. Being we are breeding a "free music" generation, next step should be a subscription motto. The chart below shows profits made from various formats. Peep how digital is the smallest. Yikes!



Via Influx