Record Industry

Time For More On The CD The music business is experiencing a recession where record sales are reaching all-time lows. All record companies have in the last few years experienced a considerable decrease in sales. Finding the cause or causes of this has naturally become a major concern for all of them. Some blame the recession in the West in general, but that can hardly explain why one industry is losing out so much more …

…page more frequently the record companies also have an excellent opportunity to market miscellaneous merchandise and even other artists. That would be extremely desirable in times of a decreasing market. If people feel they are paying too much for a CD and the price cannot be lowered there is only one solution: the product must be enhanced! In order for record companies to survive into the next century it is time for them to evolve.