Record labels are considering a move towards finally offering unrestricted MP3 music files, according to industry insiders.
The New York Times reports that executives of technology companies, in attendance at the annual Midem global trade show for the music industry, are apparently aware of “at least one of the four major record companies [that] could move toward the sale of unrestricted digital files in the MP3 format within months.” Even with solid sales on the iTunes Store and other online music services, it is reported, digital sales of restricted music has seen slow growth.
Physical CD sales have likewise continued to take a hit.
