Tuesday, December 16, 2008

The music business

The Guardian looks at the music business. Major changes in the business model.

Twenty-eight years ago, those west London desperadoes the Clash released an exhausting triple album called Sandinista!. It included Hitsville UK, a tribute to a new breed of cottage industry record labels which blithely bypassed the fact that the Clash were signed to CBS and mapped out a new, non-corporate utopia. In the world to come, they claimed, there would be "no expense accounts, or lunch discounts, or hyping up the charts" - nor any need for "slimy deals with smarmy eels".

This brings together new technology, 2 and 3 way business models and the nature of the consumer.

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