http://www.jazzodyssey.com/splintering-the-mass-market-into-micro-markets/ Syd Schwartz's Blog Wed, 06 Feb 2008 17:32:28 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.jazzodyssey.com/splintering-the-mass-market-into-micro-markets/comment-page-1/#comment-207 Syd Schwartz Thu, 20 Jan 2005 17:41:54 +0000 /?p=76#comment-207 The majors are absolutely hardwired to fit the "hit record" model. The financial windfall of one success pays for the R&D of countless others which net less success. This is a type of economic structure well described in Robert Frank and Philip Cook's book "Winner Take All" which is recommended reading for anyone interested some of the rationale behind the strucutre of major label economics. The majors are absolutely hardwired to fit the “hit record” model. The financial windfall of one success pays for the R&D of countless others which net less success. This is a type of economic structure well described in Robert Frank and Philip Cook’s book “Winner Take All” which is recommended reading for anyone interested some of the rationale behind the strucutre of major label economics.

]]> http://www.jazzodyssey.com/splintering-the-mass-market-into-micro-markets/comment-page-1/#comment-206 isaac josephson Thu, 20 Jan 2005 17:18:51 +0000 /?p=76#comment-206 Agreed. The question is, what impact will the growing importance of the micro-markets have on the major labels. To what extent do you think they're presently hardwired to fit the "hit record" model? Agreed. The question is, what impact will the growing importance of the micro-markets have on the major labels. To what extent do you think they’re presently hardwired to fit the “hit record” model?

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