MUMBAI: Who wants free music? Well as a matter of fact everybody. The spiraling of discussion at MIDEM, the IFPI annual industry meeting in Cannes, France.
Although the popularity of music is as strong as ever, global sales are expected to be down again for 2006 despite digital sales almost doubling to $2 billion. growth of the legal business.
an interview that, Many people around the world tell me that we've handled our problems in an incorrect manner but no one tells me what we should have done.
the use of music bought online and was introduced in a bid to contain piracy. such as Rhapsody cannot be used on the market-leading iPod as they are not compatible, potentially restricting the growth of legal sales.
Digital rights management is exactly that, it's the management of digital rights and if we weren't managing it the headlines would be 'irresponsible music industry ...
creates anarchy.'
chief executive David Pakman is a major critic of DRM. His service is the delivers tracks in the MP3 format, meaning they can be played on any portable music player, none of the four major labels are ready to supply to this service.
the same model that was used for the CD and DVD, universal compatibility, and we think it's the principal thing holding back the growth of digital today, he told Reuters.
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