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Midem freezes its prices to help hard-hit industry. (Midem News).
Midem is freezing prices for the first time in its history next year as a symbolic gesture to the hard-hit music industry.
The move comes as registrations for last week's Cannes event fell by 200 on 2002's figures to 8,800 delegates, although a 7.8% rise saw the number of companies exhibiting hit 2,200.
"Record companies, even publishers, are suffering," says Midem director Dominique Leguern. She adds, "We are trying to help people to put group stands together--when people have less money they have to re-group."
Kickin' Music managing director Peter Harris says he was impressed by the US presence. "It seems that in the US, ...