Having come back from the holidays and CES to a mailbox full of “Decade In Review” articles in my email in-box, I decided to jump on board. From the dawn of digital music, through iPod nation, Wii, High Definition, social networking, and smartphones (with apps), it may have been an unparalleled ten years for entertainment.
Which got me thinking about the teens.
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I was standing in line the other day waiting to get my laptop checked out, when I peeked at the store’s music section. Readers know I’m a fan of CDs, so I was thrilled to see the section hadn’t shrunk since my last visit. What caught my eye was an out-of-stock on an end cap. Turns out the racks were cleaned out of Chickenfoot CDs. (For the uninitiated, Chickenfoot is a “super group” consisting of guitar legend Joe Satriani and members of Van Halen and Red Hot Chili Peppers. The CD hit the Billboard charts at #4, and the group’s early shows are already sold out.)
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“Death to Discounts” a recent Wall Street Journal article about the designer clothing business, got me thinking about the continuing decline in CD sales. According to the article, clothing designer Eileen Fisher is rethinking the way her clothes are sold:
“In department stores these days, Eileen Fisher clothes ‘get marked down before they even have a chance to sell,’ she told me recently. Perhaps it no longer makes sense to give Saks, Bloomingdales and other department stores so much control over the brand, she posited. She has asked her staff to consider a new model: renting department-store space in order to control prices and inventory.”
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Tags: CD, DVD, EMI, MGM, Nintendo, Redbox, Sony, Universal
Entertainment | Russ Crupnick, Vice President, Senior Industry Analyst |
June 4, 2009 9:40 am |
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Apple is announcing perhaps the most significant change in iTunes since the company began to offer video downloads several years ago. Today Apple will unlock the digital rights management (DRM) protections that place certain limits on copying and interoperability of music purchased through iTunes. Apple also plans to improve the quality of its music files, and it will also add variable pricing for songs.
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Spiral Frog has died. You are now probably saying to yourself, I know what spiral ham is, but what’s Spiral Frog?
Spiral Frog was a music download service, once feted by The New York Times as a possible major competitor to iTunes. They had a seemingly ingenious concept, which seems pedestrian today: Ad-supported music downloads.
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I didn’t attend the Grammy Awards this year — the past few shows disappointed me, and diminishing ratings proved that many others felt similarly. It had gotten to the point where many music bloggers want to bury the awards and the show.
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Though they hope to one day exit Chapter 11 protection, we can add Muzak to the growing cemetery of iconic music industry names — like Tower Records, Sam Goody, and Chrysalis Records (for you Tull and Blondie fans) — that have faltered of late. In case you’ve never left your cubicle, Muzak is widely credited with inventing constantly humming, non-offending “elevator music” one often hears in stores, office and store hoists, and dentists’ offices.
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I bought a CD today. In fact I bought two. Admittedly, fewer Americans buy CDs — and sales are almost half what they were in 2000. My teenagers don’t buy them anymore, because they’re voracious consumers of digital gift cards.
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