| Music Industry / History & Criticism This book is a brilliant account of the Record Industry form the late 1970s and up to 2008, focusing on the Major (Universal, Sony BMG, Warner & EMI) record labels´ demise in the age of digital media. The book is excellently researched and brings endless quotes from the industry´s leading personalities and experts, backed by facts and figures, all showing how greed, stupidity and narrow-mindedness ruined the goose that laid the golden eggs for decades. Internal wars, personality clashes, scandalous salaries and ego trips are all there, as are many fascinating stories about the invention of the CD, Napster, iTunes and a myriad other terms relevant to the story. Although many of the basic facts are well known, collecting them together in a coherent, step-by-step history / analysis is an eye-opener, even for people well acquainted with the background, like myself. Once I started reading this book I just couldn´t stop, swallowing it page by page in a marathon reading session, something which didn´t happen to me in a long time. I´m not sure I agree with the author about the last chapter of his book, which states that although the Record Industry is dead the Music Industry is alive and kicking. He also doesn´t touch the subject of the influence of the Digital Age upon Music (the Art of) itself, but perhaps that is something another book will cover, although it might be still too early for this. In any case this is a must read for anybody interested in the "behind the scenes" of the Record Industry, Business in general and social implications of change. |