By Jim McCarthy Dec 4, 2008 0 comments

“All The Money is On the Road…”

Speaking of perfectly encapsulating big issues, Bob Lefsetz casually mentions something with cataclysmic implications in a post from yesterday. He’s talking about the sheer lameness of exclusive distribution deals that some artists are doing when launching their new CDs with retailers like Best Buy, and has some appropriately tough words for the record companies. (It’s dawning on me that record companies are going to be the Washington Generals of the Live 2.0 site…they’re going to keep getting beaten up for everyone’s amusement.)

Anyway, here’s the key line:

“Congratulations major labels… You’ve marginalized yourselves! Wanting everybody to pay for music, suddenly few are. And all the money is on the road.”

Lefsetz (who you should read, by the way. Never dull.) comes at it from a different point of view than I do because he’s a record and music industry guy. My POV is that perhaps the record and recorded business could have managed their decline better, but that the fact of the decline was more or less out of their hands if they chose to stay in the recorded biz.

Still, he’s right on the money with just about every word in this article.

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