CD’s: A “Business Without A Business Model”

The music recording industry is in trouble. “The uncertainty facing the major recording labels has led a wave of others to seek new paths, either voluntarily or involuntarily. ‘It’s a business without a business model today because unfortunately it’s predicated on people actually buying CDs. I don’t know about you but my 12-year-old, he’s burning them pretty fast. That’s the reality and it was coming and everybody closed their eyes to it’.”