Analyst: Recording industry needs even newer business models

By Jacqueline Emigh, BetaNews March 3, 2008, 2:23 PM

JupiterResearch analysts are pointing to the music industry's need to revolutionize its business model even further, as social networking sites, Internet radio stations, and legit P2P services are taking command of the market.

As music steps more and more toward online distribution, it will become increasingly important for the entertainment industry to find new business models along with new device paradigms, according to analysts at JupiterResearch.

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