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The Music Biz: Something Important Is On The Horizon
Posted on April 04, 2008
Having ceded the file based music opportunity (mp3s and DRM d file formats) to Apple (AAPL), the recorded labels are now getting hip to the much bigger opportunity - streaming music.Yes, it s true that listeners will still want to own files for a few more years. There are places and devices that can t get high bandwidth wireless Internet access, like my Macbook Pro which I am using to write this on the plane ride home to NYC. I am listening to mp3s (no DRM for me) in iTunes all the way home.But over the next five years, the number of places and devices where you can t get a speedy wir...
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