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How To Force Music Labels To Change
from the beat-'em-at-their-own-game dept
The latest column by Robert von Goeben makes some good points about the music industry. He says that the current record labels will simply never change. They're making too much profit the way things are going right now. Offering them a technology solution doesn't make any difference. The only way to force them to change is by starting newer labels that take advantage of the internet to beat the old companies at their own game. As the musicians themselves start to make more money and gain more fame with some new labels (who actually care about getting their artists' music out there), the old record labels will finally be forced to adapt or die. It's the typical disruptive technologies argument - and it's probably right. It does support my theory that the music industry is shooting itself in the foot by trying to resist and hinder new technologies.
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