Music Industry = Egypt

Interesting quote of the from Bob Lefsetz:


“We were there first, music fans already revolted.  They killed not only the album, but the major labels.  We’re living in an era of chaos.  To complain is to be Mubarak.  The audience was oppressed for too long, given an opportunity to go its own way, it did.  Remind me how it helped the audience to have to buy a fifteen dollar CD to hear the one track that was a hit?  Now they just buy the hit on iTunes.  And if they don’t do that, they don’t even bother to steal it, they just watch it on YouTube.  You don’t need to own it, next year it won’t mean anything.”

Fascinating stuff . . .

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