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Archive for July, 2008

When does the music industry wake up?

July 15th, 2008

Much have been debated over the future of the music industry, the decline in CD sales and the emergence of various file sharing technologies. It’s a classic example of how a very profitable industry is doomed because it’s failing to adapt their business model to a changing world. The incumbents in the industry are attempting to protect themselves by fighting illegal downloads but they are effectively digging their own graves by declaring war against their own customers, the people that love music. Read more…

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