Preface – change brings new opportunity

The music industry has been rocked by music piracy, incompetent business leaders, an inability to think strategically, an inability to put the customer and the music fan first, archaic accounting procedures, contracts that alienate artists, and music publishers that have used complex international accounting practices to reduce royalties to writers. Yet it has survived and it has begun to change; it is a business facing the future with new hope, with many more competent business leaders at its helm, with new, innovative and more transparent accounting practices being developed. It is fighting for its survival at a time when new opportunities come to market weekly. There are many things wrong with the industry, ...

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