The Future of the Music Industry

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These ideas suggest that we’re going to see even more mega-stars, rather than small indie bands that sites like last.fm and thesixtyone foster. This is probably going to be true for the most part. The music industry has always been a hits business and likely will stay that way given these profit-building predictions. And the way that small indie bands make money is very different from the way record companies are losing money in lady gaga cd sales.

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