It's said the "major" labels will be out of classical business .

Excerpt from

http://businessofclassicalmusic.blogspot.com/2008/12/classical-music-after-cd.html

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The remaining 3 “major” labels – Universal*, Sony and EMI - will be out of the classical business within 2 years. They will create no more than a handful of additional classical CDs. With the possible exception of a few “crossover” artists the labels will drop all of their classical artists. The majors will focus on trying to salvage their pop business and will abandon classical because it is more trouble than it is worth. The 20th century recording industry and business model is obsolete. It will soon be gone.


The remaining viable classical label will be Naxos. Their costs are dramatically lower and their business model allows them to operate profitably in a smaller industry and with much lower sales numbers. A primary contributor to Naxos’ lower costs is the fact that they don’t pay any residuals to the performers. There is no income potential for performers in the Naxos model! They will profitably produce CDs for several years longer than the majors.

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* Deutsch Gramophone is under Universal (Passerby)

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