Re: Warner Music Purchased by Billionaire, is EMI next?
There are only three major record companies now. Sony/BMG, Warner and EMI.
I don't hold out that any of the business model will change. They'll probably continue to blame online piracy on the fact that they're losing money rather than on the fact that they were too slow to react to a changing market. They won't bring in any new physical formats - and that's when you consider that the CD is nearly 30 years old and is laughable with what could be physically produced now. Combine that with a total lack of understanding of how to make a sustainable business model (innovate, create and capitalise) means that the labels have been dying a slow death for the last decade.
I don't see that reversing any time soon.