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The situation with "Music Industry" and "Majors" gives rise to this parable: Imagine that we would consider "Eating Out Industry" as consisting of McDonalds, K
by guard-of-terra 11y ago
The situation with "Music Industry" and "Majors" gives rise to this parable:
Imagine that we would consider "Eating Out Industry" as consisting of McDonalds, KFC and the like - drawing elaborate charts on how they divide market.
And then shove everything else, from falafel shops to Michelin rated restaurants, as "Independent Eating Out". The package includes barely mentioning those "indie" offerings in any media, magazines, etc.
We don't do this for some reason. But we actually could.
- vinceguidry 11y agoWe don't do this because competition doesn't work that way in the restaurant industry. Location in most cases trumps content. When I look to eat out, I choose amongst the restaurants close to me. Occasionally there's a restaurant I might drive more than ten miles to eat at. But it would be foolish for any restaurant to specifically cater to the long tail when 90% the money is in a 5 mile radius.
- guard-of-terra 11y agoBelieve it or not, people actually travel half the world to experience genuine eating out. Example: Argentinean steaks. Anyway, you can fit a lot of diverse restaurants into 5 miles radius. The mainstream music selection is much narrower.