Regretfully Indifferent
Fight the Power. Stay Informed.Wednesday, May 21, 2003
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"Currently, a mere 2 percent of releases account for 80 percent of music industry sales. Online distribution could help rebalance that ratio, building careers for hundreds of artists who now linger in obscurity, and drawing in millions of new fans bored and alienated by the industry's star-making machinery."
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That's right. You read that correctly. 2 percent (2%) of all the CD's sold in the world, account for 80 percent (80%) of the industry's revenue. That is truly disgusting. For those of you having trouble with the math I give this hypothetical situation...
Sales of 2 CD's = 80 dollars
Sales of the other 98 CD's = 20 dollars
Does the Web really spread sales?
[via CNET News.com]
"Currently, a mere 2 percent of releases account for 80 percent of music industry sales. Online distribution could help rebalance that ratio, building careers for hundreds of artists who now linger in obscurity, and drawing in millions of new fans bored and alienated by the industry's star-making machinery."
>>
That's right. You read that correctly. 2 percent (2%) of all the CD's sold in the world, account for 80 percent (80%) of the industry's revenue. That is truly disgusting. For those of you having trouble with the math I give this hypothetical situation...
Sales of 2 CD's = 80 dollars
Sales of the other 98 CD's = 20 dollars
Does the Web really spread sales?
[via CNET News.com]
[Listening to: "Santa Ana" by In Reverent Fear]
posted by mwY # 5/21/2003 06:29:00 PM 
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