MP3 Phones Selling Well In Korea
Remember all that fuss about the recording industry in Korea trying to force phone makers to make any MP3 playing phones have degraded quality? Well, the industry lost that battle, and now they're going to freak out to find out that MP3 phones are selling like hotcakes. Of course, if they took a longer term view they'd realize that this is a good thing, since it shows there's strong demand for new ways to listen to music, which should open up plenty of ways to profit -- but the recording industry is often worse than the wireless industry in understanding the long term implications of things.
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