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The Way the Music Died
Posted By Barry Ritholtz On May 27, 2004 @ 3:55 pm In Music | Comments Disabled
Be sure to catch the Frontline show  tonite:
The modern music scene was created in 1969, at Woodstock. Half a million fans, dozens of artists, and the politics of the times came together as a big bang moment that eventually would generate billions of dollars. But over the last twenty years, MTV, compact discs, corporate consolidation, Internet piracy, and greed have contributed to a perfect storm for the recording industry. FRONTLINE examines how the business that has provided the soundtrack of the lives of a generation is on the verge of collapse.
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URL to article: http://www.ritholtz.com/blog/2004/05/the-way-the-music-died/
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 Frontline show: http://www.pbs.org/wgbh/pages/frontline/shows/music/
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