Radiohead frontman Thom Yorke is saying that it is the end of the world as the record industry knows it.
Yorke is predicting the total collapse of the music industry and is warning young musicians to hold off signing record deals as he anticipates some big labels going belly up in the next few months.
Radiohead left their label, the troubled EMI, three years ago and went whole hog into digital distribution. You may remember In Rainbows was offered on the Internet and fans were allowed to set their own price from free to whatever
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