It’s the conventional wisdom amongst some Reg readers that “the evil record labels” are dying, and deservedly so. But such a simplified view of the world overlooks the contribution of the independent sector – which operates very differently to the Big Four.
Independents have a different business model, and have embraced digital networks as an opportunity, not a threat.
In the past few years the indies have organised, and successfully fought mega-mergers in the European Courts; they licensed the original Napster, and shunned DRM en masse. More recently, the indies have pioneered a one-stop stop for global digital licensing, Merlin, something beyond the organisational abilities of the RIAA.
So after hearing from IFPI chairman John Kennedy here this week, you’d expect a very different view of the music business from Martin Mills, chairman of British indie the Beggars Group – and you’d be right.
[full interview at The Register…]