Napster As a Wake-Up Call

from the business-alarm-clock dept

The Economist gives their view on the whole Napster situation pointing out that now that Napster has proven that online distribution is feasible, record companies are being stupid by trying to simply beat it down. What they need to do is beat Napster at its own game. The distribution mechanism is here to stay. How the companies deal with it will have a large impact on whether or not they're still around in a few years, and in what form.

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