He is absolutely correct about most of the article. Not all of it of course but he is correct in theory. Music will be the hardest hit. We are struggling to figure out a new biz model now. S t r u g g l i n g! I-tunes is not going to save anyone.
Television and movies will be a bit different. I think they are about to enter into a new golden age to some degree thanks to being able to cut out the middle man. I think the music business will make more money than ever but they aren't the smartest apples in the bunch.
You better believe production companies (who actually make the shows)have been hoping for the death of the big networks. For a long time they have only been paid enough to make the sitcoms and hopefully be paid when the re-runs hit syndication. A change in the medium and the way we consume entertainment will be good for them.
|