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In 25 years, the music industry has moved from LPs to CDs to MP3s. But that doesn't begin to describe the utter turmoil the music industry finds itself in. As CD sales plummet and the big labels fret about the Internet, bands are seizing control of the means of distribution, releasing their music as free downloads or throwing it up on social networking sites. This has led to an explosion of indie bands and live performance. But who's really making any money in music today?
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Top Sources: Music Industry
- New York Times
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