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Article: Booz-Allen Report Anticipates Major Changes And Opportunities for the Music Industry.
- Article from:
- Business Wire
- Article date:
- June 20, 2001
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Business & Entertainment Editors
NEW YORK--(BUSINESS WIRE)--June 20, 2001
Report says major music labels can profit from adopting
film industry's "windowing" strategy
New business models will emerge as risks and rewards are
more broadly shared with digital intermediaries
The advent of digital music, once thought to be the death knell for the record labels, will actually propel them to higher profits in the future - but only if they adopt strategies pioneered in the film industry, according to a new report by Booz-Allen & Hamilton.