Labels To Net Radio: Die Now
from the don't-want-them-to-survive dept
Newsweek has an article explaining why the music labels want internet radio stations to go away. It's pretty obvious stuff. These internet radio stations don't necessarily play the lowest common denominator of music, and cater to all sorts of diverse audiences. This makes it more difficult for the record labels to pop out their two or three carefully constructed mega-stars each year. While it's certainly likely to increase the sales of a more diverse set of artists, the record labels don't care about that. They make their money off the plastic pop-sensations.
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Have you hugged RIAA lately?
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