“Evolution, convergence, and integration: these were just some of the lofty concepts thrown around at Digital Hollywood during the ‘Music Industry – Brand Extension in Games, Wireless and TV’ panel,” Digital Music News reports.
DMN reports, “Most felt that format incompatibility is the major issue in the emerging space, potentially spelling ‘the death of digital music’ if not resolved in time. Record labels were once again scolded for their continued slow movement in the space, with Hirschhorn vowing to save the business ‘from themselves.’ iTunes received a predictable share of the talk, with some predicting that Apple could eventually create an MTV-style power relationship to the record industry. Could continued dominance in the digital music space eventually allow Apple to call the shots?”
Full article here.