Album Sales: With or without you Napster!

The labels come with a positive forecast showcasing Napster and Limewires contribution in the billion dollar decline in record sales, which may just be one of causes of the overall sales decline. Blaming Napster, Limewire and likes of such companies only goes to show the lack of adoption of file-sharing by labels when they had the chance to innovate themselves and gain. This chart is just the reflection of that. The labels should instead focus on educating about digital piracy and offering innovative, clean and well-priced content across geographies?

Deal Network - "The Money Network"

The ability to build a company that gets to $1 billion in revenues in less than two years is unprecedented. In the next decade, there may not be 50 $50 billion companies, but there’s probably going to be 50 $1 billion companies as new class of giants will emerge from the swarm of start-ups.