Will this be the way of the future for record labels?
Music companies are now under pressure to look for alternative revenue streams. One area the record labels have been exploring is to share revenues from tours, performances on television and in films and merchandising.
"You'll see more of this happening. It will be primarily in the area of new artists and new acts," says Adam White at Universal Music Group International.
[Resource http://www.gulfnews.com/business/Technology/10117358.html]
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Wednesday, April 18, 2007
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