It’s a lousy time to be a record label. Profits are tanking, bands are angry – OK Go just ditched EMI – and YouTube and BitTorrent changed the game. Still, some labels are transforming themselves to help musicians in the digital age.
Oh, Pirate Bay. You know just what to do to get people’s attention, you rabble rousers. In February, The International Federation of the Phonographic Industry (IFPI; essentially, the international RIAA) went to court and got Danish ISP Tele2 to block access to the famous BitTorrent tracker. It now appears that the courts are going to side with The Pirate Bay on this one, and if so, guess what? The Pirate Bay is going to sue the music industry for damages. Gotta love it.
