OK, so the headline is a little over-the-top! At the 2007 MIDEM Conference in Europe, an exciting announcement was made this past weekend. A group of independent record labels are joining together to form a new coalition, which some have dubbed a "virtual fifth major" (as in "major label.")
The organization, called "Merlin," will give indies more clout in negotiating digital distribution deals. It is unclear what other tasks the organization will perform, or whether it will be open to all indie labels and artists. As yet, they have no staff, nor do they even have a website, and the details are a bit sketchy. However, I am optimistic that this is another step towards breaking the stranglehold the major labels have enjoyed on the music market all these years!
Monday, January 22, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment