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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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"Our Album Is the Menu. The Concert Is the Meal"

I had never seen the British magazine Prospect before, but the August issue's cover tag line "Pop Economics: The Rise and Fall of the Recording Industry," caught my attention, so I bought it. Robert Sandall's article "Off the Record" is the best overview of the recorded music industry I have seen.

He discusses how the recording industry has been the co-author of its own demise, and makes a numbers-based case that even legal downloading will not stanch the blood letting. Money fact: In the 1980s, a ticket to a live concert by a star cost the same as a CD. In 2006 a ticket to Madonna's concert at Wembley Arena cost more than double what you would have paid for her whole catalogue.


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