business

The Essential Mistake of Record Companies

Friendster founder Jonathan Abrams, on an AlwaysOn panel yesterday, neatly summed up the basic stupidity of the music industry's refusal to come up with a workable digital music strategy:
Rob Hof

Friendster founder Jonathan Abrams, on an AlwaysOn panel yesterday, neatly summed up the basic stupidity of the music industry's refusal to come up with a workable digital music strategy: "Their businesses are actually based on limiting the number of people who can access their content." Couldn't have said it better.

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