Bad news for the music business is bad news for everyone. Earlier today Charles Arthur identified three bits of bad news for the industry, and I'm going to talk about three more and what it all means for music listeners.
Charles points to Warner Music's poor results, Fred Wilson's weary resort to piracy in the face of the industry's refusal to sell him the album he wanted, and research from Forrester showing music's shift to digital is at best in its early stages.
On top of all that, we also have today's ruling against (now defunct) ACS:Law finding that "if all that is proven is a single download then all that has been lost is one sale...." (more in PC Pro, which has absolutely led on this story); we have the takeover of EMI itself by the bankers at Citigroup; and, in a story now a month old, we have HMV's inability to sell CDs even when the pre-Xmas snowpocalypse brought to a near standstill the postal system on which its online competitors rely. Online, offline, everywhere, changing habits and the shift to digital is hammering the commercial prospects for music.
In the broader historical and technological context the collapse of the music industry's commercial model isn't really a big surprise.