Music industry wasn't just anti-tech By 2000, they were addicted to inflated revenue: album bundling and illegal price fixing meant you payed $15 for a $10 album to get a $1 song. Even if $1 songs replaced piracy, revenue would fall by ~90%. More for fixed price streaming.
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Regarding the music industry fixing prices: > Between 1995 and 2000 music companies ... artificially inflated prices of compact discs. ... It is estimated customers were overcharged by nearly $500 million and up to $5 per album https://en.wikipedia.org/wiki/CD_price_fixing …
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If you think the music industry was disrupted b/c didn't understand tech, you're wrong. They had 2 choices: • Try to kill small companies that facilitated unprecedented amounts of theft. Surely they won't get away with it, right? • Embrace tech; best case lose 80% of revenue
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