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Music Fans Saved Music | Print |  E-mail
Written by Chris J. Magyar   
Monday, 10 December 2007

Unlike Gene Simmons , rap artist 50 Cent, who is also the owner of a music label, understands the true effect file sharing has had on the music industry . Is it deletrious to a certain aspect of the bottom line? Yes. But does it really hurt musicians? Only if labels decide to put the punitive costs there. In terms of fame, musicians are the second-biggest winners in the file sharing revolution. (Second only to music fans, naturally.)

Says fitty,

The concerts are crowded and the industry must understand that they have to manage all the 360 degrees around an artist. They, (the industry), have to maximize their income from concerts and merchandise. It is the only way they can get their marketing money back. The main problem is that the artists are not getting as much help developing as before file-sharing. They are now learning to peddle ringtones, not records. They don’t understand the value of a perfect piece of art.That's one of the most beautiful and articulate descriptions of the current state of the music industry I've yet to come across.

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