Fact #135220
When:
Short story:
It is announced, while the industry wrestles with copyright infringement problems created by file sharing, that the Warner Music Group plans to launch a digital-only record label (aka an eLabel) intended as a boon to new artists who might not have enough material for an entire album.
Full article:
Edgard Bronfman (CEO, Warner Music Group) : At Warner, we believe that we can create a digital-only label, what we're calling our 'elabel' that will transform the process for artists young and old and possibly give the stories of artists struggling to be heard a new and happier ending.
(Source : CNN Money feature, 2005)
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(Source : CNN Money feature, 2005)