I do understand if people are a bit indifferent to a major company falling, but for the music industry, this is just a shame. Record labels, record stores, the actual purchasing of physical copies, and the album format are all hurting big time. I agree, we as consumers were overcharged for too long, but I do miss the excitement of everyone going out to go buy a new cd when it came out or browsing through a music store. It's just a shame that a once fun part of the music experience is disappearing one piece at a time. I hope EMI is able to get through this somehow.
Right behind you on this.
I still actually find joy in buying a CD, but it's not the same as it use to be. I remember the time where people literally slept out of a record store for about 2 days in hopes of being the first person to buy an album. I also remember when record labels did everything they could to sell their artists. Huge promotional events, commercial after commercial, advertisement billboards, big time performances. Stuff you don't really see anymore. Nowadays the only place you can find any kind of real advertising or promotion of music is on the Fuse channel, while MTV and VH1 and even BET are now more worried about reality shows than what they use to be: MUSIC channels.
I really hope EMI can pull through as well. No clue how they're going to, but I'm rooting for them. :/