The annual Billboard Music & Money Symposium has just held in New York. Here's a recap of articles on what was said. From the looks of it, people are excited and at least optimistic about on-air downloading even though the mobile cart is so far ahead of the horse. The infrastructure will be in place for the next generation of digital music before (a) there's a proven piece of hardware or (b) it is known to what degree consumers will adopt it.

"Sillerman Questions Record Business, Sees Rockiness Ahead" from Digital Music News. "SFX Entertainment founder Robert Sillerman challenged the underpinning business model of the traditional recording industry during a recent keynote address. Sillerman criticized labels and distributors for 'ignoring technology and consumer preferences,' eventually creating the conditions for file-sharing pioneer Napster to thrive."

Digital Music News has other posts on the Symposium, on the future of on-air downloads and mobile virutal network operators.

"Music Execs Happier About New Digital Frontier" from The Hollywood Reporter. "After increasing revenue by 1.5% at his firm in 2005 to $5.8 billion with profits of $570 million, Universal Music Group chairman and CEO Doug Morris said he expected further erosion of the physical CD business and increase of the digital business over the next five years. His outlook for Universal was completely optimistic: 'We have so many sources of income coming into the company from iTunes to phones that every month there's more and more money.'"