Online Music Competition

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As usual, consumers will reap most of the benefits from the increased competition in online music.

Dozens of companies have opened online music stores, drawn by the promise of riches if even a fraction of the tens of millions of people illegally downloading songs turn to legitimate services. But profits in selling songs are slim at best, and the industry is already too crowded.

Good. Maybe this will shake up the business models of the recording industry and make them better at giving consumers what they want.

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