Something to note well: Instead of predicting that China will change as it engages with the global economy, "The business model for the record industry worldwide is moving toward resembling what we see in China today." And what we see in China today is that some 95 percent of all music sales are of pirated CDs, where music is not seen to be worth more than a few cents a song, and where music sharing is widely practiced (and not likely to change). So how does the artist make money? "By performing concerts, getting endorsement deals and appearing in commercials."
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