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iTunes Aside, Web is Changing the Music Industry

In what is believed to be a Web first, British rock band Marillion has twice raised the money needed to record a studio album by convincing devoted fans to buy the album up front--in both cases, fans shelled out money a year before they could hear what they were buying. The strategy has paid off. For the latest album "Marbles," the band has scored three singles in the European music charts. The last time Marillion cracked the Top 40 was in 1985, when it was signed to EMI, one of the world's largest music labels.

Read the whole story at Cnet, October 31, 2004 »

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