Stop Me When This Starts Sounding Familiar

“Today the bankroll required for at least token establishment as a tape ‘manufacturer’ is even smaller, and the repertoire possibilities even wider.  And entrepreneurs, undaunted by the still limited number of suitable tape recorders in American homes…are jumping in wholesale.”

…

“Conspicuous by their absence, however, are the major record companies, of which only RCA Victor has issued a basic tape release.  The majors are apparently playing a wait-and-see game, preferring to sit out the pioneering phase and move in when potential has reached the point where solid profit appears likely to reward mass effort.” (Billboard, 10.29.1955)

Filed under: Billboard  indies  selling culture  tech