“IT'S CALLED GOSSIP AND OF COURSE IT'S AN OBSESSION OF MINE” -ANDY WARHOL

Today, Atlantic Records makes 40 per cent of revenue from digital sales, but likely would make more had it adapted earlier. Panelist Seymour Stein, a veteran of the music business and chairman of Sire Records, said even though he doesn't understand technology very well, he has used it to get his artists heard by a wider public. Most on the panel agreed with Wheeler when he said the film industry is where the music industry was a decade ago, and while people try to come up with business models that can monetize this market, "the technology is developing faster than the new models."

-Financial Post
Dec 9 2008