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Our buggy sales are slipping!

January 14, 2008

Let’s lobby the city council to ban horseless carriages from the city limits!

In 2006 EMI, the world’s fourth-biggest recorded-music company, invited some teenagers into its headquarters in London to talk to its top managers about their listening habits.  At the end of the session the EMI bosses thanked them for their comments and told them to help themselves to a big pile of CDs sitting on a table.  But none of the teens took any of the CDs, even though they were free.  “That was the moment we realized the game was completely up,” says a person who was there.

- The Economist, 18 January 2008, pg. 55, Music Industry; From major to minor

I dunno, guess it just struck me funny…

 

Categories: business
  1. Abhi
    January 15, 2008 at 17:12 | #1

    thats interesting story….The last CD i bought was like 2 years ago.

    I guess online streaming audio is the way to be now…

  2. January 15, 2008 at 17:16 | #2

    Yes it is the way, and will be for quite some time. It’s just pitiful that it took these recording execs soo long to realize. And worse still, American recording execs still haven’t figured it out.  :bug:

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