Ask a member of the public to describe ‘the music industry’ and they’ll most likely outline what would be recognised as a (perhaps clichéd) record label. From contract meetings with managers, to A&R execs working with acts in the studio, to walls of gold and platinum discs - the label is still seen as the central hub of the modern day music biz.
That’s from the perspective of Joe Public. But take a look at music’s £3.5 billion contribution ...
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