Lessons from a tiny Swedish firm that's raked in $10M
(NEWSER) - As the music industry navigates a path for the digital era, a tiny Swedish label has proven itself an excellent guide. Though it has just 43 employees, X5 Music Group topped the classical charts last year, its sales on par with Universal, the biggest label there is. Its strategy is a novel one: With no CDs, no contracts with artists, and no new music to offer, it focuses its efforts entirely on the Internet, the Wall Street Journal reports. More»
