From The Irish Times “Several books about business have been written over the years with the title Blown to Bits. They have explored a common theme: how the internet threatens many established businesses. One of the best examples was written all of 15 years ago by a couple of very smart guys from the Boston Consulting Group. Today, their thesis is commonplace: “The most stable of industries, the most focused of business models and the strongest of brands can be blown to bits by new information technology”.
Many of these futurologists’ predictions came to pass. The list of businesses disrupted or obliterated is a long one.
The music business was one of the first affected: today, turning previous business practices on their head, money is made mostly from touring and live performances rather than sales of records, digital or otherwise.”
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