Guest blogger Kevin Laws, former music industry consultant and current venture capitalist, returns with a third installment of his industry structural analysis.
How Wal-Mart has done more than the Internet to change the structure of the music industry
Previously, I wrote that the music distribution companies could not sustain their monopoly power (or Oligopoly as one alert blogger wrote) without the giant contracts they give to big stars. The direct implication of this observation is that Wal-Mart and other big box retailers have changed music industry structure far more than file sharing, despite getting less attention.
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Coming Soon: Tower vs. IBM: Why online distribution hasn't come to the rescue [Due Diligence]
