Friday, December 5, 2008

How The Music Industry Garnered Record Profits in 2008

On Medialoper: How The Music Garnered Record Profits in 2008

How have they done it? According to Frederick Stamphammer, the RIAA’s Vice-President of Digitization — and the man seen by most insiders as the key figure behind the transformation of the music industry into a virtual profit machine — it was by seizing the opportunity afforded by the internet nearly 10 years ago.

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