These memos should be about 1000-1200 words and deal withallof the assigned readings.For full credit, you will need to provide not only a summary but also comprehension and analysis of the material.
Overview of articles:
Peterson and Bergers model of media ownership and creativity
Genre shift in 1955
Endogenous decay
unsated demand
niche partitioning
Exogenous shocks to surrogate consumers
technological (TV + transistor)
legal (Paramount)
Peterson and Bergers predictions about music after 1970
decentralized A&R
There are two articles. I have attached both.

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