Dangerous Minds has a somewhat ranty article going into precisely how the majors destroyed the record business in the late 1990s: http://dangerousminds.net/com

Dangerous Minds has a somewhat ranty article going into precisely how the majors destroyed the record business in the late 1990s: http://dangerousminds.net/comments/the_rise_and_fall_of_tower_records_and_how_the_music_industry_screwed_the_p http://dangerousminds.net/comments/the_rise_and_fall_of_towe... That said, they had some idea what they were doing: they cut the least profitable 25% of their artists and SKUs, dropping unit sales by 4.1%, then blamed "piracy": http://web.archive.org/web/20030113094231/http://www.azoz.com/music/features/0008.html http://web.archive.org/web/20030113094231/http://www.azoz.co...