Has Corporate Greed Finally Destroyed the Major Labels?
The record business is taking a beating. And many music fans are watching with the kind of glee usually reserved for a schoolyard bully’s comeuppance. Here are the facts… Added 04/15/2002. Small Record Labels Say Radio Tunes Them Out It’s a safe bet that most radio listeners have never heard of rock singer Matthew Harrison. The owner of tiny Third Monk Records, which released Harrison’s album, says there’s a simple reason: The company can’t afford the hidden costs of obtaining radio airplay. More… Added 09/21/2001. Dark Antitrust Winds Blowing Over Music Industry Ten months ago we wrote about cold antitrust winds on the way for the music industry, as usual, at the worst possible time. This weeks New York Times and Wall Street Journal have both run substantial articles on a pending investigation of the Majors new online service offerings coming at MusicNet, pressplay, AOL, BMG, and Universal. The issue is antitrust law, i.e., are their plans and practices going to be collusive in pr