Economics of Music

The Long Tail on Wired talks about how the Net has brought about a change in the economics of the music/DVD/book market. And how the 'misses' could be generating more money than the 'hits'.

A very good read !!

Forget squeezing millions from a few megahits at the top of the charts. The future of entertainment is in the millions of niche markets at the shallow end of the bitstream.