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Can New Up-and-Coming Artists or Labels Afford to Give Away Music For Free?

Can New Up-and-Coming Artists or Labels Afford to Give Away Music For Free?

With the proliferation of large megastar artists giving away their music for free, think Prince, Oasis, NIN Radiohead and Coldplay, is giving away music just a brief trend or is it here for the long-haul? Where does it leave young new artists who have not had the benefit of large marketing budgets to build national and international audiences? Will young up and coming artists be able to derive an income from other income sources if they give their recorded music away for free? Where does this, leave record labels in terms of investment in new talent?