Could social networking sites save the music industry?

If a songbird sings in the forest and no one is there to hear it, is it really music? Not if you’re a teenager.Especially among 15- to 25-year-olds, people seem to need their peers to validate their musical tastes, making the Internet a perfect medium for the intersection of MP3s and mob psychology.The challenge is to draw young people away from file-sharing networks that don’t bother with legal licenses.So “added value” has become the new hook, or as one industry participant put it at a music industry gathering this week, “a better form of free.”
http://iht.com/articles/2008/01/30/technology/PTEND31.php

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