Q1 2009 – Media Industry Shrinkage Recap
April 17, 2009 at 2:37 pm | In Uncategorized | Leave a CommentTags: 2009, Downsizing, Echo, Electronics, Layoff, Media, Music, Passalong Networks, Q1
According to this TechCrunch graph, the loss of jobs in media and electronics seems to be slowing, but a large number of layoffs comes standard with a new calendar year in a down economy. Looking forward, Q2 doesn’t offer much relief, and has already claimed 2 major music industry victims (Passalong Networks and Echo).
Highlighted media companies who experienced layoffs in Q1 2009:
Jan 8: Dell – 1900
Jan 14: Google – 100
Jan 17: Circuit City – 34,000
Jan 20: Warner Brothers – 800
Jan 20: Clear Channel – 1850
Jan 21: Bose – 1000
Jan 22: Microsoft – 5000
Jan 22: Digg – 7
Jan 31: eBaum’s World – 13
Feb 20: Best Buy – 250
March 11: Sony Pictures – 350
March 25: iMeem – 6
March 26: Google – 200
March 26: Amazon – 210
Edited Keynote – Bad News for Music Marketers
March 25, 2009 at 4:21 pm | In Uncategorized | Leave a CommentTags: albums, Borrow and Burn, CD, consumer, Digital Download, Digital Marketing, Digital Music Forum, File Sharing, illegal, Keynote, legal, Music, Music Business, p2p, Radio, Tracks
Some insight from the consumer research front.
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