27
Jul
It is no secret that major-label consolidation has reduced the number of available executive posts across the board in the music industry. Yet despite black music’s impressive gains — R&B/hip-hop represents 24.5 percent of total album sales for 2005 — there are only a handful of African-Americans in key executive roles at the major labels.
Can the limited number be attributed solely to consolidation and restructuring? Does it stem from racism? Or are African-American executives themselves at fault for not being as business-savvy as their white counterparts? [more @ www.msnbc.msn.com]
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