Majors Steal Indie Moneymaker And Get It Wrong Again

Forbes online takes a interesting look at how several major labels are creating new imprints to release new CD’s by classic artists. (Forbes)

Indies like Koch have been making money this for years, and while the major’s are now copying the idea; they don’t seem to have learned anything about indie frugality.

Sony BMG’s Burgandy classic imprint has 24 employees to work 2-3 new releases a year.

Next idea…