The Music Industry by Jill Hamilton

Foreword 5

Introduction 7

Chapter 1 How Healthy Is the Music Industry?

1 Record Labels Are Becoming Irrelevant Ian Bezek 11

2 Record Labels Are More Necessary than Ever Paul Sloan 16

3 The CD Is Dead Aidin Vaziri 22

4 The CD Is Still Viable Daniel Gross 29

5 Big Box Stores Are Changing Consumer Tastes Ethan Smith 34

6 Big Box Retailers and Record Store Chains Are Not Crushing Indie Stores Michael C. Moynihan 40

Chapter 2 How Are New Technologies Affecting Music?

1 Satellite Radio Will Fail Rich Duprey 47

2 Satellite Radio Is a Success Gael Fashinghauer Cooper 53

3 Artists Should Decide Whether iTunes Offers Singles or Albums Ray Waddell 59

4 Consumers Should Decide Whether iTunes Offers Singles or Albums Charles Starrett 63

5 Radiohead's Pay-What-You-Want Experiment Is Bad for Business Andrew Moylan 71

6 Radiohead's Pay-What-You-Want Experiment Is Just a New Way of Doing Business Fred Mills 76

Chapter 3 What Should the Rules Be for Downloading Music and Paying Artists?

1 Illegally Downloading Music Is Wrong Editorial Board, Music Industry Piracy Investigations 83

2 Illegally Downloading Music Is a Necessary Evil Andy Cochrane 89

3 Lawsuits Are the Best Way to Stop Illegal Downloading Recording Industry Association of America 95

4 Lawsuits Are the Wrong Way to Stop Illegal Downloading John Gruenfelder 102

5 Social Networking Sites Should Pay Royalties to Artists Billy Bragg 107

6 Social Networking Sites Should Not Pay Royalties to Artists Geoff Taylor 112

7 Webcasters Need to Pay Fair Royalties John Simson 117

8 High Royalty Payments Will Put Webcasters Out of Business Jon Healey 122

Facts About the Music Industry 129

Organizations toContract 132

For Further Reading 136

Index 139

Picture Credits 144