Wednesday, July 11, 2007

Record Biz Biting the Dust?

Writing about a possible new Bruce Springsteen album featuring the E Street Band, Fox News wag Roger Friedman slips in a funny little "the sky is falling" snippet from a high-level Sony exec.

"You are the last one writing about the record business," the anonymous Sony muckety-muck told Friedman. "Don't you realize it's over?"

Can it really be that the record biz is a dinosaur wheezing out its final death rattle? Is the CD really on the verge of extinction?

Friedman says a big Springsteen rock extravaganza could be seen as a "savior" by Columbia Records. I don't think Globe Records, Those Darn Accordions' label, needs such a lifeline. But then Globe never supported an army of publicists and marketing mavens (or caviar-and-champagne executives, for that matter). The "good old days" -- which kept some folks extremely fat and happy -- may be gone forever, but I suspect people will keep making music in one form or another.

I know we will. Heck, there's a new one in the chute!

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