The Null Device

Fewer, bigger dinosaurs

Concerned over the downturn in CD sales, the 5 major record companies consider amalgamating even further, going by the theory that bigger dinosaurs have a better chance of surviving. Which is ironic, given that one reason cited for the decline in CD sales is the increased homogeneity of mainstream recorded music, itself a result of the wave of amalgamations of the 1990s and the fact that most record labels are controlled by risk-averse bean-counter types. (via TechDirt)

There are 2 comments on "Fewer, bigger dinosaurs":

Posted by: Ritchie
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Fri Mar 14 10:29:27 2003

I draw the analogy between record companies and recording companies. In much the same way big oil companies have turned into oil 'banks', relying on the risk-taking wildcatters for new finds, the big record companies have become talent banks, relying on the risk-taking indie labels to find important new artists.

Posted by: Ritchie
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Fri Mar 14 10:30:19 2003

Whoops. That first sentence should read '... between record companies and oil companies.'

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