Imploding Continues

[Chuck Nessa]

here Edited January 21, 2011 by Chuck Nessa

[mjzee]

Reminds me of that old joke: How do you make a small fortune in the wine business? Start with a large fortune.

[felser]

In the words of William DeVaughn: "Be Thankful For What You Got".

[A Lark Ascending]

Hard to know where this is all going. A UK perspective:

http://www.bbc.co.uk/news/entertainment-arts-12137330

Though today I heard a news report saying that download sales had stalled, CD still in decline, most seemed to be illegal download.

Made me feel quite unusual - I now mainly download but I do so through pay sites like iTunes, eMusic, Amazon_mp3 and the label download options.

[BillF]

http://www.guardian.co.uk/business/2011/jan/19/hmv-calls-in-kpmg-debt-advisers?INTCMP=SRCH

Looks as if, after all these years, his master's voice will no longer be heard:

[sidewinder]

Parlophone is back though ! (although used to peddle crap)

[A Lark Ascending]

http://www.guardian.co.uk/business/2011/jan/19/hmv-calls-in-kpmg-debt-advisers?INTCMP=SRCH

Looks as if, after all these years, his master's voice will no longer be heard:

Interesting.

I suppose in the end HMV had to go after the Top Sellers market to stay 'big', but couldn't compete with supermarkets and online. Meanwhile it alienated the customers who might have sustained it in a cut-down mode by minimising its specialist sales and depth of catalogue.

[BillF]

http://www.guardian.co.uk/business/2011/jan/19/hmv-calls-in-kpmg-debt-advisers?INTCMP=SRCH

Looks as if, after all these years, his master's voice will no longer be heard:

Interesting.

I suppose in the end HMV had to go after the Top Sellers market to stay 'big', but couldn't compete with supermarkets and online. Meanwhile it alienated the customers who might have sustained it in a cut-down mode by minimising its specialist sales and depth of catalogue.

Well put!