Behind the music: Why Eminem could spell major trouble for the major labels | Helienne Lindvall

The question of whether a digital download counts as a straight sale or a licence threatens to cost Universal Music millionsLast year, global revenues from recorded music fell by 8.4%. A Universal Music Group insider recently told me that its owner, French media group Vivendi, has ordered the label to cut costs by $100m this year, meaning we're likely to see more redundancies. No wonder the label is trying to downplay the implications of a recent US supreme court decision to turn down its appeal...

Read full article Share article