I saw this video today on The Music Industry Report. They wrote:
Why the CD is dead and what music companies need to do about it. A great short “YouTube” video that every potential Independent Label/Production Company/Artist Development Company/Management Company should watch. Jim Park Young is a Korean music executive and provides wisdom keys concerning why he feels his company has been so successful in marketing pop artist overseas. During the interview, Mr. Young also states that the Album format is dead and that the key to success for the foreseeing future will be on creating great singles and selling them online. He also states that if your focus is only toward selling music from your project, you are leaving too much money on the table.