Sony throws its weight at digital music distributi

SuperDuck writes "Creation Records (a UK record label with 49% backing from Sony) is aiming to create its own digital music distribution system to counteract the current popularity of formats such as MP3's. Alan McGee, Creation's chairman and a prominent Labour supporter, was criticised by other record label heads this summer for predicting that the internet would destroy the music industry in its present form. " This one requires a login to read.