The Long Tail: China: the future of free?
“China represents rock bottom for the music industry, especially on the economics of the creative side. The CD business has evaporated, and the businesses that have risen it its wake don’t help artists. Yet China Mobile and Baidu are making something like $2 billion a year indirectly from music, so there’s clearly a business in there somewhere. It just doesn’t extend to many musicians at the moment.”
Interesting article on China and the music industry. It seems to be a bit of an enigma for those used to how things have been going on here. I’m no exception to this but I’m glad people like Chris Anderson are actively seeking out answers.
