5 Reasons for Optimism in the Music Industry

September, 20, 2009 10:04 am | On #Jack White, music industry, RIAA

The Wrap.com recently published a list of “5 Ways to Save the Music Industry.” Hey, we’re always happy to hear of any wise perspective, but a few of the recommendations slightly missed the mark, or were unnecessarily pessimistic. So, in the spirit of the column and a friendly debate, here are five reasons for optimism:
 
1. Our product, music, remains as popular as ever. While other businesses may scrap to generate consumer interest in their product, music remains as popular as ever, according to our surveys, and is an economic catalyst for many other industries.  Think about some of the news in recent weeks: leading technology company Apple rolls out a new line of its phenomenally popular music-listening gadgets as well as a major upgrade of the...

Read More
Sign Up For First Take

Get Our Daily Email, and Receive Invitations to Our Screenings Series

Start your day with all of the news worth knowing

What's First Take?

Ear on the Oscars
Transformer Sound
Latest Posts

Description

Mitch Bainwol is Chairman & CEO of the Recording Industry Association of America (RIAA), the trade group that represents the U.S. recording industry. Its members are the leading record companies that create, manufacture and/or distribute approximately 85 percent of all legitimate sound recordings produced and sold in the United States. Bainwol is based in Washington, D.C.

Subscribe to Mitch Bainwol
Most Popular