The forum was opened today MIDEMNet in Cannes, which precedes the 42nd edition of the International Record and Music Publishing Market (MIDEM), which opens tomorrow, Monday. And the biggest concern is drop in sales of physical disks.
The large companies in the sector are oriented towards business diversification, which is called the model or strategy of the «360 degrees«. That is why record companies will become "artists' houses," said Dominique Leguern, the general director of MIDEM, the largest music fair in the world.
«Record companies are going to change, evolve, change the way they work ”, said Legern. «They will become artists' houses, they will market around them and they will promote them through all the new actors full music industry, such as mobile telephony, digital technologies that develop per »legal per» 2, subscriptions or specialized sites«. That is, everything will pass through digital formats and the physical will become increasingly obsolete.