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Stephen Aristei's avatar

As usual eloquently on the money! Billboard has become the “People “ magazine of and for the music fan/listener business- not the business of music buyers. The industry currently fails to differentiate between music buyers (of which created the foundation of “fan sales”) and music consumers ( of which there has always been many). The difference was and is that between what we used to call a “turn-table hit” - that received many spins and much play and earned very few “sales”, and a record/ song that had kegs and sold product! But the geniuses of the industry threw the baby out with the bath water in favor of kneeling at the alter of technology and streaming/ therefore forgoing all chances of independence and freedom to be at the behest of the world corporate order!

The problem is- that there is another record/ music business that isn’t reported or quantified- by any trade publication…that industry is inhabited by the fiercely independent pirates that were the foundation and life’s- blood of the industry that they made great.

I believe it is rising again. Slowly growing and at some point come into focus. The industry has always had 3 divisions- Radio ( which includes social media and streaming) / Records & performance. The first and later are well represented- the 2nd has been greatly ignored- but being that human nature has not changed since the beginnings of time- i expect we will continue to see this area continue to grow. And just like it was once said that “books would become obsolete “ and yet book sales have never been better… just watch the “music/record” section of the major chain book stores grow…and don’t be surprised when a record & tape store opens in a neighborhood near you!

Keep it up Simon… they haven’t caught us yet!

JP Maytum's avatar

Thank you so much for this Simon. I've been waiting for a summary of how the modern world works and you've done it as beautifully as ever!

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