Warner Music

The Kids Love Music, but Record Labels Are Lost in the Dark...

Paul Carey | Posted 10.11.2012 | UK Entertainment
Paul Carey

People will no longer pay £10 for a CD, but will pay £100 to go to a gig. Record companies sadly still waste too much money signing the wrong acts, because all the execs are too scared to put their neck on the line in case they lose their job, expense account and parking space.