Music Idustry Exec: “Music 1.0 is dead.”

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Consider the statements that were made today without controversy:

  • DRM on purchased music is dead
  • A utility pricing model or flat-rate fee for music might be the way to go
  • Ad-supported streaming music sites like iMeem are legitimate players
  • Indie music accounts for upwards of 30 percent of music sales
  • Napster isn’t losing $70 million per quarter (and is breaking even)
  • The music business is a bastion of creativity and experimentation

Read full article at:
Ars Technica:  Music exec: “Music 1.0 is dead.”

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