|
No.
The biggest music industry problems were:
1. The Internet provided an affordable and virtually unrestricted distribution network almost anyone could access 24/7.
2. The decrease in cost of studio level recording facilities. The Sun Records studios in Memphis where Elvis Presley, Carl Perkins, and Johnny Cash started cost between three and five million dollars when it was built. By the late nineties a similarly capable facility could be constructed for about twelve thousand dollars.
The collapse of the recording and distribution pay wall together with the ill will generated by decades of exploitive contracts was their biggest problem.
|