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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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
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