Tuesday, July 21, 2009

Labels Losing Steam to the New Dogs in Town?

Are we starting to gain momentum again on the issue of monopolizing online music?
According to a report by the New York Times, major labels are going to be in a fight (as if they weren't already) for their financial lives as Polyphonic, a new endeavor by Radiohead's manager, Brian Message, seeks to invest in the bands and their music, not their potential for hitmaking.
There's a great paragraph about the rise in Internet promotion and distribution of music, and guiding bands toward the now-legit Napster to increase a band's online presence.
Sounds like they may be onto something. Anyone have ideas on this? Anyone a "purist" like me who would be sad to see the cd go?

No comments: