Warner Music's losses over last decade = $10.345 billion. Where did the money go?
mainHere’s the most shocking of music charts from Digital Music News:
Here’s the most shocking of music charts from Digital Music News:
The tenor Ian Bostridge shocked Symphony Hall Birmingham…
The orchestra’s president Gary Ginstling has engaged Katya…
The Berlin Philharmonic chief conductor Kirill Petrenko has…
He is already music director of the Metropolitan…
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Where did the money go? Itunes store? Pandora? YouTube? Your name it – you can hear free music everywhere online, mobile, tablet, etc. The whole industry is switching gear – if you are slow to adapt, you get out.
Think about Nokia 5 years ago, the leader in mobile industry. They did not adapt smartphone quick enough, it is costing them big time.