Thursday, November 21, 2002

And there may be a lesson

If American and British labels sob like jaguars when they think of the odd bloke selling dodgy CDs from a Ford Fiesta at a car boot market, imagine how they'd feel if they were Chinese. W

ell, first, of course, they'd not feel anything as they'd be living in a country where human rights are routinely abused. But faced with a 90% market of fakes, the labels have decided that they'd be better off trying to find other ways to make money instead of trying to bolt doors, etc.

Interestingly, the labels who are embracing new revenue streams are parts of the same megaliths who are trying to hold the line in the west. Surely the Chinese can't be better at dealing with the realities of capitalism than the Americans, can they?


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