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They Do Seem Desperate

June 10, 2010 8:17:16.000

Radio Head's frontman, Thom Yorke, believes that the major record labels are going down, and soon:

Yorke has now issued a warning to upcoming artists, urging them not to sign traditional record deals because they would be tying themselves to "the sinking ship."

I'm not sure whether his timeframe is right, but heck - he's in a better position to know than I am. Even if he's off in his timing, I think he's right in the broad sense. There's really no place for the labels any longer. They serve as a middleman in a market that has been disintermediating for years now.

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posted by James Robertson

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