Industry Change Eyed at Music Conference
Music industry insiders don’t hesitate to throw around weighty phrases like “paradigm shift” and “irrevocable change” when they discuss the current state of affairs in the American music business. Industry representatives met Thursday to hash out the latest developments and chart the course for their business as the South by Southwest Music Conference began in Austin. “People talk about how the record industry isn’t doing that well,” said Walter McDonough, a lawyer with Washington-based Future of Music Coalition. Still, he said, the music business is working in an entertainment industry that has recently developed three fast growing mediums: DVDs, digital… Read more »
