The big debate: Do record labels have a future?

It’s no secret that the music industry has not made an ideal transition into the digital era.

 

Album sales are falling, P2P file sharing is rife, and a plethora of new artists are using the Internet as a platform for gaining international exposure.

With the introduction of MySpace Music, three major record labels — Sony BMG, Universal Music Group and Warner Music Group — are hoping to launch a counter-strike to the technological developments and online activities that have rocked their industry.

Full Article:
http://www.cnn.com/2008/TECH/09/25/music.debate/index.html?eref=rss_latest

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