Music industry is losing the war
For those of us who follow the trends of the Internet, Frank Ahrens has a nice summary of the music industry’s battle with Web users in The Washington Post. While the industry is fighting to maintain the status quo, Ahrens writes that the Internet is winning. In fact, he declares the battle is over.
The battle over online song trading is over; the Internet has won. The music industry is grudgingly giving up on the idea that it can preserve the tightly controlled business practices that once made record companies and artists flush with cash. Instead, a transformation is underway.