newsobserver.com |On the Beat: David Menconi on music - End of The Great Depression
“But not everybody feeling the pain is an overpaid muckety-muck, and the independent-music community is taking a major hit: No Depression, the award-winning bimonthly magazine that covers alternative-country and its variants, is going out of business after the May/June issue. And the primary reason for its demise is that record-label print advertising has plummeted even faster than compact disc sales, even while the magazine’s circulation has held steady at about 30,000.”
This is why I’m nervous about ad-supported online music services. Because what happens when the supporting companies no longer wish to spend their dollars online?
4 years ago • Notes