6 Ways To Save The Music Industry

The music industry is facing many challenges. How can the major labels and the entrepreneurs that seek to replace them adjust to compete in this new and evolving environment?  In our series Can The Music Industry Save Itself? we've offered some suggestions:

Introduction

1. Off With Their Heads - The highly paid old guard has to go.
2. Cut The Fat - There is still way too much waste.
3. Build The Label Brand - Give fans a reason to care again.
4.  Serve The Niches - Build teams that live and breath each genre.
5. Release More Records - If you're selling less of each; produce more of 'em.
6. Serve The Fan - Details tomorrow...

EXTRA CREDIT READING: "What I Would Do With EMI's New Music Business" by former Yahoo! Music VP Ian Rogers.