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music industry

Executive Layoffs at Major Label

There has been rumor (a truemor?) that SonyBMG will lay off some of its executives due to its lack of profitability in the 2007 fiscal period.

If they’re creative enough, perhaps there will be a number of exodus from slow dumb giant to new music startups or filling the space & opportunity available in the new & exciting music label business model?

Via.

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