InternetLabels see new online music options (AP)
AP - When you're not inclined to give your product away for free, make your customers believe they're getting something for nothing.
LOS ANGELES - When you're not inclined to give your product away for free, make your customers believe they're getting something for nothing. That's the thinking behind some of the offerings music fans may see this year as the recording industry scrambles to offset losses from plunging CD sales and find new sources of revenue when many consumers simply download music for free. Among the business models music fans are likely to see more of: music subscriptions bundled with the price of Internet access, and services like Nokia Corp.'s upcoming Comes With Music, which would give users of select mobile phones a year's worth of unlimited access to music, for no extra charge. Music companies also are expected to license songs for more ad-supported Web sites like imeem, which lets visitors watch videos or listen to full-length tracks posted by other music fans for free. Major recording labels, long-criticized for being too slow in adapting to changes brought by the Internet over the last decade, are under pressure to explore new ways to get music fans to pay for music, leading to more choices for consumers. In 2007, the recording industry arguably took the boldest steps yet. After years championing the necessity of copy-protection safeguards on digital music, three of the world's biggest recording companies agreed to license their music for sale online as unprotected MP3 files. Many analysts expect the last holdout... [ Read more on www.yahoo.com ]
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