Friday, July 25, 2008

Rolling Stones get what they want from Universal

Big news in the world of corporate labeldom today as erstwhile world's biggest band The Rolling Stones announced they have left EMI and moved over to Universal. This is an unwelcome development for both EMI -- which recently lost both Radiohead and Paul McCartney -- and Live Nation, which had been lobbying hard to sign the Stones. In an industry in the midst of a wrenching transition in both business model and product delivery systems, it's a sign that there is still money to be made making and selling music.

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