Network Effects: Stan Liebowitz and the MP3 Debate
Subject:   the future
Date:   2004-01-13 23:29:00
From:   anonymous2
I haven't researched the numbers, but I have a friend who works at an important and large firm related to the music industry, and she seems to believe that even if the major labels aren't going out of business, they certainly are undergoing structural changes, particularly to the way they are going to model their business approach in the digital future. Ultimately, all the RIAA withc hunt stuff will dwindle and what we will be looking at is an industry that has to get off its institutional arse and look at how its going to find a new niche. This probably means being less involved in the manufacture of a physical object, and more driven towards the promotion of intellectual property. The future holds tha answer