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How is the Music Business Really Doing?

Thursday, April 12, 2007
Category: Music

The Financial Times ran an interesting article on the music business yesterday (April 11, 2007), with a lot of coverage of one Jeff Kwatinetz. The article is available here: http://tinyurl.com/2b3tof, but unfortunately requires an FT subscription (a publication useful mostly to insomniacs).

Jeff Kwatinetz is profiled frequently, including here (http://money.cnn.com/magazines/fortune/fortune_archive/2006/08/21/8383597/). He's a talent agent, but wants to hearken back to the good old days where talent agents actually respected their talent.

At any rate, the most interesting part of the FT article is a quotation from Kwatinetz, as follows: "Music is selling. It's just that the people developing it haven't got a proper model. It's important for people to realize that the music business is healthy. It's just the record business that is struggling."

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