mothlight reviewed Appetite for Self-Destruction by Steve Knopper
Review of 'Appetite for Self-Destruction' on 'Goodreads'
4 stars
Yes, at times this gets pretty heavy into how deals were made, but overall it is a pretty fascinating look at how the record industry has imploded over the last few decades. Not so much the music industry, which seems to be chugging along pretty well, but the industry which counted on nearly exponential growth forever.
He traces the initial fall, the death of disco nearly killing off the industry until MTV and CDs (both fought against by the industry) save them. CDs allow them to resell the same stuff all over again just in a new format and because it is shiny, they set the prices sky high (to recoop the retooling, suspiciously the prices never drop once the CD factories are built) and further screw over the artists with new contracts. Meanwhile, the record industry is floating sky high, which their faces buried in mountains of coke. Singles …
Yes, at times this gets pretty heavy into how deals were made, but overall it is a pretty fascinating look at how the record industry has imploded over the last few decades. Not so much the music industry, which seems to be chugging along pretty well, but the industry which counted on nearly exponential growth forever.
He traces the initial fall, the death of disco nearly killing off the industry until MTV and CDs (both fought against by the industry) save them. CDs allow them to resell the same stuff all over again just in a new format and because it is shiny, they set the prices sky high (to recoop the retooling, suspiciously the prices never drop once the CD factories are built) and further screw over the artists with new contracts. Meanwhile, the record industry is floating sky high, which their faces buried in mountains of coke. Singles are abandoned, forcing listeners to buy a $16 CD to get the one good song on it. Clear Channel raises its ugly head, turning radio into a wasteland of payola garbage.
Setting the stage for Napster and its unofficial repackaging of CDs into singles again. And mountains of lawsuits against their own customers. And so on. It is a fairly sad story, leaving the artists continually screwed over, first by the record industry then by Apple screwing everybody over with iTunes.
There are some rays of hope though. Artists learn that the record industry isn't always necessary, going directly to your fans might just be a good way to support yourself. The book ends in 2009 with change still in the air and an uncertain future. Likely music will survive but the record industry, with its unwillingness to accept a changing world, might not.