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Wednesday, October 29, 2003

The music industry shoots itself in the foot again -- special Canadian edition 

I'm no expert on these things but if sales of music are dropping, does it make sense for a label or an artist to spite music retailers, who are struggling through this downturn, by doing an exclusive deal with only one retail chain for a probable best-selling music DVD right before the holiday season? (Oh I get it, the thinking goes something like: "Let's try to get our product into as few stores as possible. That'll help boost sales!")

Well the answer apparently is yes, according to the ass-backwards logic employed by the team behind the Rolling Stones. Their recently-announced deal to sell the Four Flicks DVD set exclusively though the Best Buy chain in Canada has predictably raised a storm of protest amongst other music retailers.

I doubt Mick n Keef & co. are even aware of the ill-will this move is generating in their name but wonder if they'd even care if they were. This is just proof again though that the music industry doesn't seem to have a clue how to save itself and that most of its problems are of its own doing.

This is pretty much being covered by everyone now but Newsweek does a nice overview of what they term "Bush's $87 Billion Mess" in this cover feature plus some related op-ed pieces and news articles about Bush's muddled foreign policy management and the continuing instability in Iraq in this week's issue.

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