Filesharing.... illegal downloads etc..

[Sunil]

Tapes, CDs and minidiscs are becoming obselete.

Tapes became obselete years ago, minidiscs never took off for recorded music, and CDs are still doing well, however record companies need to apply a fairer pricing system to them across the board, not just on older titles... on new CDs too.

Basically labels, shops and djs will become more important as it will be their responsibility to wade through the crap, filter it out and promote and sell decent music to a spectrum of niche audiences.

This isn't a new phenomenon man.

The people complaining are the people stuck in the last century who seem to think that music and the world owe them a living, and despite the fact that they have failed to moderninse its everyones fault that they are going out business.

Fair point. I guess many people didn't see it coming, however 'modernising' for some people, means totally changing what they're about. Not everyone buys into the digital file, it's convenient for some sure... but a bit unnatural to the real record collectors/lovers.