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.
-
-
I don’t think they understood those were the choices. Here’s the CEO of Universal in a very interesting article: https://www.wired.com/2007/11/mf-morris/ …pic.twitter.com/XGkm43EjmT
-
I love that interview! I read it from the perspective of another author who points out how funny it is for someone in journalism to mock another sector for not adapting to techhttps://twitter.com/backus/status/1007818976343175168 …
-
yeah I agree that they may not have known how to build a tech business from scratch, but I think there is still something to be said for the fact that they were watching mp3s online in 1997 but were so stingy with licensing that music became notoriously bad for doing startups
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
