I just read this fascinating article in New York magazine on the music
industry.  The main thrust of the article is that while novelists were the
cultural icons of the first fifty years of the twentieth century, rock stars
were the icons of the second.  Michael Wolff says now that only a few
companies control radio, music became homogenised.  Then with the advent of
file sharing, the market has splintered, and become more like the book
industry.

If he is correct, rather than talking about the possibility of techno
becoming mainstream, the reality may be that the other genres of music will
fracture into sub genres and begin to sell in comparable volumes to techno.

Hope comes from the fact that while there are few blockbuster novelists,
there is a solid catalogue of mid-list novels for those with a more rarified
taste.  There will be more respect for those that produce quality in lower
volumes when marketing becomes less effective.  The article refers to the
Wall Street Journal's story a few months ago that precisely accounted for
the $2.2 million launch costs of a singer named Carly Hennessy, who went on
to sell 378 CDs.

http://www.nymag.com/page.cfm?page_id=6099

Hugo

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