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Net Music That's a Steal-but Not Stolen
Acknowledging that online piracy is forcing dramatic changes in the music industry, the world’stwo largest record companies are poised to make it easy and cheap for fans to buy-rather than steal-songs off the Internet. The moves by Universal Music Group and Sony Music Entertainment accelerate the industry’s transition to an era in which music is distributed electronically. Other major labels are likely to follow as the record business grapples with the rise of online music copying through unauthorized services such as Napster, Kazaa and Morpheus and potentially billions of dollars in lost sales. Rather than trying to force consumers to… Read more »