The Toronto Globe & Mail's blog by Jack Kapica quotes Aubrey Winfield (Orange Lounge Recording Company) with the following:

"...the music business is healthy — the CD business is bad.” An interesting article on the recording industry's attempt to re-invent a business from a small-business entrepreneur.

http://www.theglobeandmail.com/servlet/story/RTGAM.20080909.WBcyberia20080909180233/WBStory/WBcyberia

LIVE NATION spin-off

By selling off its motor sports division for $175 million and $30 million performance-based rvenue. This sale brings to a close a sell-off that has narrowed the focus of LIVE NATION on its music businesses. The sales have generated $465 million.

http://www.marketwatch.com/news/story/live-nation-completes-sale-motor/story.aspx?guid=%7B83203E6F-4FA7-4031-858A-DB31230D74CC%7D&dist=hppr

As the blurb in this WSJ website says:
Live Nation is the future of the music business. With the most live concerts, music venues and festivals in the world and the most comprehensive concert search engine on the web, Live Nation is revolutionizing the music industry: onstage and online. Headquartered in Los Angeles, California, Live Nation is listed on the New York Stock Exchange, trading under the symbol "LYV." Additional information about the company can be found at http://www.livenation.com under the "About Us" section.

(Some have called it the Evil Empire -- you've gotta admire the storm trooper language.)

DCIA - important trade organization conference

P2P means "person-to-person" and is both the greatest threat to and opportunity for the music business. The first conference that brings together "peer-to-peer and social networking software developers and distributors (P2Ps), Internet service providers (ISPs), content rights holders (CRHs), and service-and-support companies" for its inaugural P2P & MUSIC CONFERENCE, which will take place on October 10, 2008 at PopKomm in Berlin, Germany.

The conference is sponsored by Cugate, QTRAX, Unlimited Media, and Javien Digital Payment Solutions.

http://www.prweb.com/releases/2008/9/prweb1307224.htm