Business Models - Sunday, March 23, 2008 17:50 - 0 Comments

Crazy Musicians, Crazy Business, Payola And Pay Me

From TechCrunch: http://www.techcrunch.com/2008/03/22/these-crazy-musicians-still-think-they-should-get-paid-for-recorded-music/

So we find our selves at an interesting point in history.  It’s one of those inflection points that many MBA students will be talking about in their cohort classes on management theory a decade from now.  The last decade has seen a tremendous amount of change in the way that people consume music, but one thing that has not changed is that the artists seem to be getting the short end of the stick.  The economics have shifted from the record labels, as Billy Bragg would have you believe, to the social networking sites, whose fortunes are made on the backs of artists. 

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