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Record labels rethink digital rights management at Midem


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#1 Nvyseal

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Posted 22 January 2007 - 10:22 PM

CANNES: Now that even digital music revenue growth is faltering amid rampant file-sharing by consumers, the major record labels are closer than ever to releasing music on the Internet with no copying restrictions -- a step they once vowed never to take.

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Executives of several technology companies meeting here at Midem, the annual global trade fair for the music industry, said this weekend that a move toward the sale of unrestricted digital files in the MP3 format from at least one of the four major record companies could come within months.

Music executives, while saying that timetable was self-serving on the part of technology companies that would benefit from the change, nevertheless acknowledged that the debate was front and center.

"Each of the majors is wrestling with the advantages and the disadvantages of going with MP3s without any restrictions at all," said John Kennedy, head of the International Federation of the Phonographic Industry, at a press briefing on Sunday. "But I think this is an experimental year."

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#2 Camaro

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Posted 22 January 2007 - 10:25 PM

interesting

#3 chriso_86

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Posted 23 January 2007 - 01:02 AM

Sweet, that would be nice!!

#4 bluerip

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Posted 23 January 2007 - 02:16 AM

:moreilly: hoping for the best.




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