The State of the Music Business: 2009

Everything has changed, absolutely everything.  The majors were worried when the cassette deck came out.  It changed things, to some extent.  It allowed the music fan to record a copy of music with some limitations.  If they didn’t have another copy of the song, he or she could record it off the radio.  Then they had to forward their way through the songs and commercials to hear the song they really wanted.  If they went high tech, they had a double cassette deck and could copy that song onto even another cassette.  Indeed, that worried the majors…but they had no idea what was coming next. Read more »