Digital content is changing the music industry and no one knows that more than participants in a Digital Music Forum Wednesday in Hollywood. Just ask executives from Yahoo Music, Sony Corp of America, Sony BMG Music Entertainment, Universal Music, and Napster, among others who gathered to measure the industry’s erratic pulse.
Some interesting glimpses into the changing scene could be gleamed from event. In one heated panel discussion, topics ranged talk radio replacing music on the FM dial, digital rights management, and Steve Job working with Bill Gates to create interoperability between brands.
In another bold prediction, Dave Goldberg, Yahoo Music’s vice president and general manager, said music will disappear from CDs, and talk will replace tunes on FM radio.
“Slowly, music on radio is disappearing into talk, a trend we’ve seen for the past two years,” he said. “In 10 years it will be clear, when we get through the messy part, what the business model looks like.”
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