More on EMusic Buyout: Wired

  • More on EMusic Buyout:
    Wired News reports that Universal Vivendi’s purchase of indie online music retailer EMusic is going through, however the independent artists and labels that licensed their music to Emusic aren’t necessarily happy with this major label deal. My favorite quotes come from Jeff Price, president of SpinArt records: “One of the things that I’ve come to terms with, and I don’t like it, is that the Internet is not a garden of democracy…. The Internet is a cartel…. The music industry is essentially controlled by five companies. If you want to get music out there you have to go through one of them.”

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