The death of the music industry?

Today i got a crash course in the music industry from my teacher. here are the things i took away from it.

1. The music industry is not nor is it going to die.
2. physical CD still out sell digital downloads but won't forever.
3. The new business model for the music industry is not new. its how they did it in the 50's and 60's
4. The indie labels need the major labels and the majors need the indies. Neither is going anywhere.


Now of course i could be wrong be misguided.


Second point i like to make is that "Fast and Furious" had the largest April debut in the movie history with 72.4 million. Who cares about whether the movie is good or not, the interesting thing we should look at is that in what some have called the worst economic time since the Great Depression movies are breaking records. We can justify this all we want but the facts are facts. And this fact points to support that people will still spend money on entertainment even when the country ( the world) is hurting.


Third and last point i like to make is what is Obama going to do about North Korea. I don't know but he said that he was going to do something if they launched a rocket and they did now what? I'll be interested to see. So check this out. Way to go Ivy league education. They serviced him well.