Record Labels Doing Smart Things

Warner led the other record labels excepting EMI in working deals with Google's YouTube. And they did it the smart way by negotiating a stake in Google's new acquisition. In return the labels get a collective $50 million worth of equity, a system for helping control digital rights and a pioneering position in a hot property that means a lot to the music industry. Now this is more like it. Better than suing consumers through RIAA. Better than sitting on the sidelines while technology passes them by. The record label of the future has to do more of this.&hellip