DOES A RECORD LABEL LIKE EMI HAVE A FUTURE IN A DIGITAL WORLD?

MIKE MCGILL | LLOYDS

“They do. I prefer to use CDs because they are what I am used to. I dislike the idea of downloads because the idea of buying an actual CD is far more appealing as it is physically available to you; you can touch, hold and unwrap the merchandise itself.”

GERARD KINSELLA | CITYNET

“It depends whether people want to go online or go to the shops. When the younger generation has access to free music online, they can't lose or damage the songs like CDs, which has its own appeal. I think that makes it hard to see a future in record labels like EMI.”

PAUL SMITH | INCEPTA

“Records labels do have a future, but not necessarily in the form they are in now. They need to diversify and adapt. The older generation will always enjoy the nostalgia in CDs but the younger generation will look online to access free music.”