Oniline Music geta break?

[PatientSaint]

I read this in the L.A. Times Listen.com is the first site EVER to get licensing from all big five labels today. the RIAA cites the fact of a 4% drop in CD sales in the U.S. in 2001. Could REcord Labels be feeling the pressure?

"When sales start dropping, it means, guess what? It's no longer a long-term or medium-term consideration, it's a short-term consideration," Kenswil said. "To that extent, I think people are realizing there's no putting it off anymore."

That's Paul Kenswil President of Universal labs. Could it be that Labels are starting to fold under consumer Pressure? What do You all think? oh btw couldn't resist pasting this either

"Most consumers listen to music in CD players," said Paul Vidich, a Warner Music Group executive vice president. "By making our downloads burnable, we are making this new electronic format competitive with the physical CDs that we sell in retail stores."

hehe aren't we up against Genuises?

[roger d]

I have not heard any reports of music industry for the first quarter but they must be bad. There are four factors at play in this loss.
1. DVD sales are way up.
2. There are no breakout artists that blow the roof off of sales.
3. Internet music activity.
4. Catalog sales are flat. This is because everyone has transfered there pre-CD collections into media either through buying it or d/ling.
Music is coming to the web. It just depends if they run all of there customers off befor playing. In the meantime we get to watch the show. This is the first time that the actual music fans have been this organized. Are we a political enity? We could get 100 million votes worldwide.