A very interesting article on the Classical music business.
The record label Naxos has gone from budget outsider to industry leader in its 20-plus years of existence. But what does the future hold for any record label at a time when CD sales are plummeting and dowloads are stagnant? Naxos’s founder and CEO, Klaus Heymann, is one of the most candid and straightforward executives in the business, and he’s tailored his long-term goals to the realities of today’s market; his goal, he says, is to be “the last man standing.” He spoke to me while in the States for marketing meetings about the Naxos’s future.
http://voices.washingtonpost.com/the-classical-beat/2010/07/the_future_of_the_recording_in.html
Be sure to follow this link afterwards.
More music is being recorded and released than at any other point in history. Yet music copyright is completely insecure, and piracy rampant in the current climate. So what does that say about pro-copyright and anti-piracy initiatives?
A sticky debate indeed. One of the major reasons for copyright law is to ensure the continued creation of intellectual property. Yet more musicians are in the game than ever before, and music fans couldn't be happier with the abundance.
http://www.digitalmusicnews.com/stories/072710stand
Cheers, I think.
David Story
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