Article - The Singles Chart Shake-up - February 26, 2007
"To release a CD single costs around £20,000 (almost $40,000), whereas a download release costs virtually nothing. This should give greater power to young artists - and smaller labels – by enabling them to compete with the fierce marketing budgets of the major labels."The crisis in the music industry marked by the introduction of the digital download technology is showing signs of coming to an end as the industry gradually adapts.
As digital downloads are now counted in singles charts, a whole new field of opportunities opens.
HitQuarters outlines the implications of these recent developements, especially for new and unsigned artists.
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