Saturday, February 26, 2011

Music Companies worried about losses due to free music streaming - PCWorld

Free streaming services are replacing piracy as the chief culprit of music industry revenue loss in the minds of fiscally frustrated executives, if a number of panel discussions at a New York digital music conference are any indication.

It is an interesting scenario. Once you pair up broadband penetration with high speed mobile internet, you essentially have access to a huge database of online music. Maybe we need to move towards some sort of communal music ownership model, with collective patronage for the artists.

Posted via email from The Indian Cow

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