Iron Man Slows, and So Does the Industry
June 25, 2006
From the New York Times:
“Eventually,” said Randy Phillips, chief executive of the concert promoter AEG Live, “we’re going to run out of headliners.”
Accounting for the shallow talent pool, some industry executives cite the effects of MTV, which lets fans see performers without ever leaving their couch. Others blame a recording industry more focused on disposable hits than long-term career development, or a universe of digital singles that can keep fans from establishing deep connections with an artist over a long career. Whatever the case, John Scher, the New York music promoter and entrepreneur, says that unless the industry’s dynamics change, many of the nation’s big summer music venues “will be plowed over and be made into housing projects.”
Here.
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