The New CBS Records

It's not the old Columbia Records, but CBS is getting into the new age record business. This time it is doing it on the cheap. No start-up expenses, no worries about artist development, no expensive infrastructure. CBS wants to be paid for music that appears on its television shows. One of the benefits of the transitioning music business is that all it has to do is release songs on iTunes and voila! -- their in the record business. They can also take advantage of their broadband channel to deliver the music to the market. Imagine what they might do with radio or TV to promote it. Now old line media companies are beginning to think&hellip