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LATIN NOTAS: SEASON OF HOPE
07/12/2008
Two issues in the fourth quarter could have a positive impact on the Latin music market in the United States and in Latin America: the U.S. presidential election and a possible Latin American digital rights agreement between publishers and record labels.
To understand why the election of a new president would have any bearing on Latin music sales, one only has to speak with industry members, who in the past 12 months have consistently pointed to immigration crackdowns as one of the primary causes for the decline in Latin music sales and attendance at regional Mexican music shows.
Meanwhile, hopes for imminent change of a different sort are brewing in Latin America, where publishers and labels have attempted for years to reach a regionwide digital rights agreement.
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