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...bands can expect to score sneaker ads or globe-trotting tours. Record companies still need the music to make them money. But some 30% of the artists on EMI's books have yet to come back with a recording, and sliding CD sales mean that overall, only 3% of the label's artists are profitable. "The actual economic power of new music is declining at an extraordinary rate," says EMI's Hands. Keen to keep it alive, he is mulling changes to the way EMI's artists are rewarded. Out could go generous advances for some artists - "an excuse...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...from ad revenue; in return, their users can stream the companies' music for nothing. Such outlets offer record companies the chance to build a relationship with younger fans in the hope those users will later migrate to more lucrative products such as music dvds. Cell-phone users can also expect to get months of free access to a catalogue of songs. Nokia will launch its Comes With Music service later this year, reimbursing artists and their labels from expected new sales of its music-compatible phones; a similar service, available through Korean giant LG, will come out in the summer...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...expect that winning two Grammies would mean you could give up the day job. But when I meet the Soweto Gospel Choir's co-founder, David Mulovhedzi, at his home outside Johannesburg - two weeks after the choir won Best Traditional World Music Album for the second year running - he apologizes for rushing me. "I have to get back to work," he explains. Work, it turns out, is a job as a finance clerk in a cement wholesale business. "There are 10 people in my family," says Mulovhedzi, 60. "If I don't go to work, they'll starve...

Author: /time Magazine | Title: The Power of Soweto's Song | 3/19/2008 | See Source »

...noted that people considering careers in public interest law know that they can expect to command salaries that are far below those of their classmates who are entering the corporate sector...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: HLS To Cut Tuition For Public Service | 3/19/2008 | See Source »

...people go into high-paying jobs before the five-year commitment is through,” Kagan said, “we expect them to refund the grants that we’ve paid them...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: HLS To Cut Tuition For Public Service | 3/19/2008 | See Source »

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