"Madell says he expected the chains to go under before independent stores. Casual customers more interested in singles than albums can download their fix more easily than the fanatics who haunt places like Other Music. And the Internet exposes more fans to artists beyond those played on the radio or MTV. 'I think the market for interesting, underground, cutting-edge music is bigger than it ever was,' Madell says. 'How to capitalize on that market and make it a real business is another question.'"
John Tozzi in Business Week explores (with a slide show) how NYC's Other Music has been able to weather the downturn in record retailing.
Wednesday, April 23, 2008
For Uplifting Gormandizers
Labels:
cultural history,
economic history,
music,
New York,
technology
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