News

Tuesday, May 6, 2003 could be a turning point in the contentious history of recording artists and record labels. On that day, hundreds of American musicians will converge on Albany, NY in support of the Artistic Freedom Act of 2003. If passed, the bill would give artists unprecedented freedom in negotiating and terminating recording contracts.

Recent financial reports from the consumer electronics industry are all over the map, with some manufacturers reporting declines while others report gains. Sony and Samsung have both posted losses, but Toshiba and JVC made money. Pioneer is holding steady.

At one time the music industry was known as a cultural force. It could excite the public and change the course of history, even prodding some governments to attempt censorship. These days, the record labels themselves are acting more and more like a police force, looking for ways to restrict and control how music consumers behave.