Monday, October 28, 2013
http://www.economist.com/node/9443082 - This new Article I found has new information for myself and seems to focus on the question: what are record companies trying to do to fight back against the changing technology and piracy? What seems to be their answer is what is called a "360 contract" which gives them a percentage of live show sales, merchandise, and promotion. The question that arises from me is I understand that with the changing industry the record companies must do something but is this too much for the artists? With the already tough road for artists and their earnings is this still a terrible position for them?