Infonaut's Journal: Music labels wouldn't mind killing the golden goose

It's a bizarrely-written article, but this little gem from The Register tells me that Big Music and Big Telecom companies are still fumbling around in the dark, looking for a clue. Apple proved that online music can be legal and profitable, so now Warner Bros. seems to think letting go of Apple wouldn't be a bad idea. If Warner controlled tunes are off of the iTMS, it certainly loses much of its appeal.

Hey, do what you want. After all, the music industry doesn't owe Apple anything. Business is business. But why screw with a plan that seems to be working? Apple is moving in on a billion songs sold, and now the geniuses who did... umm... nothing for years while digital music made inroads into their antiquated profit model, are confident that they know what the future of online music is going to be. It seems Big Music and Big Telecom figure they're not really in that dire of straights after all, despite all the protestations we've heard to the contrary over the past few years. It seems now ringtones and music distribution via mobile phone (at $3/song, natch) is the answer.

When are these people going to climb out of the plastic bubble?