Comment Re:What a crock (Score 1) 658
"Maybe it would help if they were to offer to cancel those deals when they repair their main revenue model and the industry recovers, as I believe it will."
Yeah, and maybe some day the horse-drawn carriage will replace cars as our primary mode of transport.
The music industry is dying, and they alone bear responsibility for that death. The big labels have spent millions trying to cram this genie (digital music) back into the lamp when they should have rubbed it themselves. The revered revenue model upon which music sits was built during a time when artists had limited access to all the things needed to produce and distribute music. Currently, if an artist has an iMac and an internet connection, they can perform all the functions previously required of a label and a distributor. I see this is a way of streamlining the revenue model, not destroying it. Labels and distributors are being cut out of the picture in favor of a model centered around the artist, creating a meritocratic alternative to the current dysfunction we see today.
So...cry me a river. When you've outlived your usefulness, it's more dignified to shut up an die than to bitch till you expire.
By the way, I just added U2's discography to my bit torrent queue. It will find a nice cozy spot next to Metallica. Idiots.