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The music industry is booming and can afford to give artists a fairer deal

By Andrew White, Visiting Professor of Creative Industries and Digital Media, University of Nottingham

Shares in Universal Music Group surged after its US$40 billion (£29.5 billion) flotation on September 21, suggesting many people think the music business has a strong future. One of them, Lucian Grainge, the company’s chief executive, believes expansion will be driven partly by changing consumer habits and the…

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