Devoted to show business and the entertainment industry

As media and entertainment continually migrate to the digital world, Know More Media, the business blogging network I write for, has grown strongly since its creation, and has now celebrated its second anniversary.

It's amazing to see, especially in the business and digital side of the entertainment industry, how much has changed in that relatively short time.

The music industry is hoping that digital downloads will increase, as they haven't made up for the serious losses from the general abandonment and slowing down of CD sales. No clear model has emerged, and a number of artists are starting to start doing things on their own, as music industry leaders seem to have no answer than gripe about how the Internet, and music piracy is ruining the industry. They definitely need some people to emerge and experiment with new business models. Existing leaders seem not able to come up with any ideas.

In the film arm of the entertainment industry, they are also struggling, even though they are able to boast of record numbers this summer, it wasn't from more people attending theaters, but from price increases at the box office.

There is also the problem that they are probably in the early stages of decline in DVD sales. Since that has been their key source of profits for years, that is definitely a potentially huge problem. I think we will continue to see sales decline here, but the studios are in a much stronger place than the music industry, and there is a pretty large base of movie buffs and fans that will always like the added special features and celebrity interviews included with boxed sets. I've been surprised the music industry hasn't embraced that area much more. A small number have started to.

For television, they've embrace the changing digital world much quicker than the music industry as well, and so aren't being undermined and pirated in the way the music industry was and has been. Still, the money from downloads isn't making up for the loss in television ad revenue at this time. But at least they're on the right track by offering their shows on a growing number of online locations.

Television will probably gravitate increasingly toward unscripted content, while trying to develop a few scripted hits along the way. Writers, regardless of what happens in the strike, will continue to decline in power and numbers.

Know More Media and Bizofshowbiz will continue to stay on top of the tremendous upheavals in the industry, and offer timely and relevant content to help you keep up on what's happening in the entertainment industry, as well as the many other areas of business you have interest and need of news and information in.