Jahfin Posted February 5, 2008 Share Posted February 5, 2008 Pirate-proof … Phil Thomson of The Vintage Record says he took a punt on the fact you can't download a record - and it has paid off. Photo: Steven Siewert Kelsey Munro EVERYWHERE you look, dark clouds are gathering over the music industry. Sales were down 10 per cent last year. The number of songs illegally ripped off the internet outnumbers legal downloads 20 to one. Last week, the musician Peter Gabriel told an industry conference in Cannes: "It's time to put the corpse of what we know as the record industry in the ground and let some other beautiful things start to grow out of it." At the same conference, U2's manager, Paul McGuinness, saw things differently - even if he agreed on the death bit. "The collapse of the old financial model for recorded music will also mean the end of the songwriter," he warned. As REM once sang, "It's the end of the world as we know it". To read the rest of the article click here: http://www.smh.com.au/articles/2008/02/04/1202090317972.html Link to comment Share on other sites More sharing options...
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