the UK head of Sony BMG, has reignited the debate over the future of the record industry by predicting that CD sales will collapse by 50% over the next three years

damn, that means a decline in bargains to be had on ebay in years to come. How will I cope?

"We are running our businesses like it is 1982," said Mr Doherty. "We're running a business model that is so out of date it's not true.

....erm, how long have record buyers and mp3 users been saying this? quite a few years now at least.

Mr Doherty said the current situation was "stupid" while Mike Smith, managing director of Columbia Records UK, predicted that the (digital) rights management regime would be gone within a year.

well that would be fantastic but I'll believe it when I see it....

full article here