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The record industry is a dinosaur and they know it. The only reason large record companies exist is to finance promote and distribute. With the bedroom hard disk recording revolution they lost a sizable piece of the puzzle. The methods they employee to keep artists in debt to them with the way advances are payed back is criminal, and depends to a degree on a system where large advances must be used to finance production of cd's, video's.
If the world moves to downloading (and it seems that it wants to) they will lose most of the production and distribution of cd's. With internet radio they could lose control of the promotion pipeline. They fear a radio universe where you might hear more than the 40 artists they are interested in at the time. They are running scared.
The main difference between dinosaurs and the record industry is that they have lawyers and money. They are buying laws to buy time.
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