Where Serious Musicians Surf since 1996. Serving music creators and the industry that supports them.

Main Menu
Home
Newsletter
Directory
Magazine Archive
Advertising
Follow Us On Twitter Like Us On Facebook

Sponsor

Sponsor

Sponsor

Sponsor

Sponsored Links

Sponsor

Sponsor

Sponsor

  
Home > Magazine > Article Archive > News

News: What HMV Tells Us About the Death of Physical Media Products
Posted on Sunday, January 09, 2011 @ 18:07:26 UTC
Topic: Industry News

UK media retailer HMV has announced that it will close 60 of its UK stores following very disappointing Christmas period sales. The cold snowy weather has been blamed in part, but that is like blaming a common cold for a plague sufferer's demise. The rot set in long ago and largely (though not entirely) due to factors outside of HMV's control. Consumers are falling out of love with physical media products and unfortunately are not yet anywhere close to entering into whirlwind romances with premium digital products. The Media Meltdown loosened the monopoly of control enjoyed by media companies and retailers. We are currently in the midst of a painful transition, and we don't yet have a set of next generation media products that consumers will pay for on the scale they paid for physical products. Complete Article





fg




 
Sponsor

Sponsor

Sponsor

Options

 Printer Friendly Page Printer Friendly Page

 Send this Story to a Friend Send this Story to a Friend


Sponsor

Sponsor

Sponsor

Sponsor

Sponsor









Home

Magazine Archive

Directory


Copyright Indie-Music.com

 

About Indie-Music.com: Where Serious Musicians Surf since 1996. Serving music creators and the industry that supports them.

Notice: This is a mandatory FTC full disclosure notice. This website reviews music from artists who may have paid for the service. We may also receive commission from sales of products advertised, featured, linked, or written about on this site. Although not typical of Indie-Music.com, this site may include paid editorials or endorsements.