Sunday, 13 November 2011

EMI bites the dust

Times ahead look bleak for artists as EMI, one of the music industry's giants, draws its last breaths - to be consumed by rivals Universal and Sony. This now leaves, considering also Warner, just three superpowers left to dominate the industry. It is unsurprising that times are tough for record companies with the integration and acceptance of file-sharing into our culture, what is perhaps more surprising is that the industry has survived at all. 

In a day and age where so much power is controlled by so few people (whose loyalties lie with the money, not the music), every step towards music's seemingly inevitable new world order is a terrifying one for musicians globally.

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