Music Business Models, What Will Work?

Scottish-American musician David Byrne, known best for being a founding member of the Talking Heads, has summed up the future of the music industry: changes in the past decade have reduced the value of its services to artists. With new business models (he counts six total), free distribution and low recording costs, Byrne believes that “at some point [the music industry] became the business of selling CDs in plastic cases, and that business will soon be over.” Continue reading...