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Billy Corgan On New Music Business Models

Recently, Billy Corgan was spotted on Wall Street, but with an unknown purpose. With this new interview on CNBC, that purpose now seems clear. Billy gives an insightful interview on his views of the current trends in the music industry and its lag in changing with the times. Now, he says, it is on the brink of becoming more and more like the "Wild West" with the emergence of new technologies for artists to market themselves, as well as discovering new methods for artists to make money, citing Jay-Z and others for attaching themselves to brand-name products and using their image to sell those products. A fascinating five minutes, check it out in the link.

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