This weekend, I took a look at the record label Naxos, which has flourished at a time when the recording industry has seen a complete readjustment. When Naxos began, it was a low-budget label that was thought to exploit artists. Turns out it was actually prescient. Sure, everyone would still love to have the cushy recording contract with the major recording label, but there are no longer the sales to support this kind of thing on its former scale.
My article is here. And while we’re on the subject of the recording industry, those interested should take a look at this piece on New Music Box by Andrew Doe, a veteran of both iTunes and Naxos, about the realities of this much-misunderstood area.