October 24, 2008

Radio Exec says the Record and Radio Industry are CLUELESS!!!

Just like this constestant on the Price is Right, maybe they'll figure it out in the end...

They just don't get it. The record industry is broken beyond repair. The radio industry exists only for an older available generation. We see poor decisions by executives in these two industries based on their inability to see what the next generation wants.

For example, in their day radio and record CEOs saw how well the simple process of finding new acts, pressing records and promoting them on radio worked. It was a beneficial relationship for both sides no matter what their rhetoric may be today. But now, record execs cannot grasp that free downloading is their friend and that they need -- no will absolutely benefit -- from reinventing their business model. Read more at Jerry Del Colliano's blog>>

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