The Year the Music Industry Broke
MTV published an end of the year review of the music business on December 17, "<A HREF="http://www.mtv.com/news/articles/1576538/20071214/madonna.jhtml?src=rss… Ditches Label, Radiohead Go Renegade: The Year The Music Industry Broke.</A>" Month by month, it's a litany of bad tidings for the biz, from January 14, 2007, the day the <I>Dreamgirls</I> soundtrack hit number 1 on <I>Billboard</I>'s pop charts with a scant 60,000 copies sold (lowest #1 ever) through December 3, 2007's announcements that Def Jam and EMI were laying off employees and Warner Music Group would cut executive bonuses (<I>awww</I>).