The record labels are going down...

As I have said before, they are going to lose the battle for their own existence if they do not re-position themselves for the new "digital culture". The record labels just had their worst year ever, and if they don't do something about it things will just get worse.

P.S. Even though I am generally pro-business I'm cheering for their downfall. The free markets will punish them for their sins. :)

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