Why Retail Will Face the Same Fate as the Media Industry

by Steven Jacobs
Taylor Swift might be optimistic about the evolution of the music industry, but the Internet has only spelled troubled for media of all kinds. Over the past two decades, executives have watched revenues plummet as a sprawling Internet turned their product into easily replicable bits. The cost of producing and distributing just one more song or article or video neared zero, and ...Read the full article