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However today there have been two mergers between Warner and EMI and also Sony and BMG to that forms dominance by four music recording companies.
The MRI?¦s main stream of revenue is through the sale of CD?¦s that are predominantly sold through the retail outlets. The past few years has seen the on come of the MP3music files and the internet as a mode of travel, transfer and duplication for them. This, however illegal under current copyright protection laws, is still extremely prevalent amongst music consumers today. This duplication and transfer, or sharing as it commonly known as has been made possible and flourished by shareware internet sites other wise known as peer to peer (P2P) sites such Napster, Lime Wire and many more...
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