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Music Industry Losing It’s Grip | How True?

MySpace, Imeem, Last.fm and a lot more music social networking sites are all over the web today. These sites allows internet users find the artists / songs they want to play and download them on iTunes or Amazon. The coming of such websites have contributed to lost revenue and compressed the value chain associated with the music industry.

And we are not just talking about audio here, even music videos can easily be downloaded for free on YouTube, Vimeo or the like. In this era of digital music uploads and downloads, business development takes on a whole meaning, learn more in this great article at http://www.davidkchan.com.

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