Surviving a Consolidating Music Industry
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Education improves the chances of surviving a consolidating. It also tends to boost incomes too. This makes the business degrees offered by many colleges more attractive for current and future label and publishing workforce.
The music industry consolidated from six major labels to four over the last eight years. In 1998, Universal acquired Polygram, creating the largest recorded company in the world; twice the size of its closest competitor. In 2004, Sony and BMG merged to create a company equal….
