Evolution of the Music Business
Steve Meyer discusses the evolution of the music business, from the traditional model of record labels relying on radio play and marketing to the impact of the CD format on profitability. He highlights the strong distribution channels and the role of radio in breaking new artists. The conversation also touches on the transformative effect of Napster in the late 90s.In this clip
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EconTalk
Steve Meyer on the Music Industry and the Internet
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