Music Business Booms, Record Business Bust

"Reuters reports that most of the cuts will hit the recorded music business rather than the music publishing operations," when speaking about whispers that EMI is preparing to downsize nearly 2,000 of its' employees in the very near future. Hey, at least they got to stick around for the holidays. For full details click here. Reuters reports courtesy of Billboard Biz.

It's been said that the music business (music publishing) is doing just fine even booming, but the record business is indeed trouble. Aspiring recording artists, garage bands, songwriters and music producers would be wise to learn the basics of music publishing, the new music business model, how to make money online and that fame doesn't equal fortune.