Electro band HOT CHIP have stated that big bands giving away their music on the internet for free is hurting smaller bands.
Speaking to the BBC's Newsbeat, singer ALEXIS TAYLOR said that the music industry was "in turmoil" due to bands such as COLDPLAY and RADIOHEAD giving away freebies, reports NME magazine.
"It's all kind of in turmoil and people are just trying things out. Probably in the next couple of years we'll see a new kind of business emerging," he added.
"It's a strange one but I think at the moment no-one knows what's really going on and the record companies are really searching for a new way to do business."
He added that smaller acts cannot afford to give away their tunes for free and still make enough money.
RADIOHEAD gave fans the opportunity to pay whatever they wanted for their new album IN RAINBOWS, while COLDPLAY released their new recording VIOLET HILL for free via their website earlier this month.
The single was available for a week before it hit the shops and more than two million music fans logged on to hear it for free.
08/05/2008 17:06:39
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