In a message dated 3/31/2004 10:16:07 PM Eastern Standard Time, audities-owner@smoe.org writes: <> Well, I don't think this is ENTIRELY accurate. I think all of what you're saying is true when you're talking about what's being PROMOTED, and in particular what's played on the radio. When I was putting together my "best of 2003" list a few months ago, I was amazed that--for the first time in years--I bought more stuff that's on majors than on indies this year. Granted, it's part of my job to take a listen to the majority of the new releases--and we're better-serviced with promos by the majors than we are by the indies--and there's plenty of crap, or plenty of things that I'm not that interested in. But the fact is that the majors DO put out tons of good stuff, and many (though not all, by any means) of the people there--A&R people included--are quite well-intentioned. But promotion is another story, and it's VERY expensive (as you note), so it tends to go towards acts that are something of a sure thing. Also keep in mind radio's reluctance to take any risks and that makes even more sense. The outsourcing of manufacturing, as Mark noted, could also be a harbinger of things to come. My initial reaction on these things is often that outsourcing could be cheaper, but they're still using the same plants, right? And I don't think that labor/operating costs in the Netherlands are known for being low, either, though I could be wrong. So Mark may have a point--liquidating the real estate now to generate some cash could make sense if they're planning on dumping the entire operation later (Here in Boston, Polaroid sold most of their still-occupied buildings a few years ago because they needed the money from the real estate to stay alive. I don't think this is that serious but it could be a similar strategy). Basically what the majors need to do--as Stewart said--is to make the minor releases profitable. I read some article a couple of years ago that said that rock/pop needs to sort of follow the model set by jazz in the past half decade--artists who make a modest living and build a long-lasting following on records that sell modest numbers. I think that makes sense, and I think that the majors are going to have to try and make their operations leaner in whichever way they can. It sucks when you look at it and say "well, they bought these two indies and now they're just folding one", and yes, it was a mistake to have bought those indies in the first place, but it's also a mistake that was made long ago and needs to be rectified now. --Jason