This fascinating book chronicles the making of the new record industry, from the boom years of the CD revolution of the late 1980s to the crisis of the present day, with particular stress on the last decade.

The CD revolution was a bonanza for the record industry. The new digital medium attracted sales in its own right and existing material could now be re-packaged and resold with huge profit margins.

Sales grew, but then the pirates moved in, exploiting the medium by making perfect copies.When the legitimate paid-for download
finally arrived courtesy of Apple in 1993,...