22
Feb
The German music business – the third largest in the world – is “in the state of a zombie” because it has failed to respond to the challenge posed by downloading and piracy, a leading industry figure has said.
Tim Renner, the head of Universal Music Germany until last year, told BBC World Service’s The Music Biz programme that the country’s music industry was now struggling to survive.
Renner warned that unless the industry accepted “new realties” – such as downloading – its decline could become irreversible. [more @ www.bbc.co.uk]
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