Members flatfinger Posted February 26, 2010 Members Posted February 26, 2010 Say Goodbye To EMI http://www.mosesavalon.com/mosesblog/ My favorite part ........... In March of 2007, EMI quit the music business. Giving in to tech-biased rhetoric, they yielded to the ridiculous suggestion of a computer inventor named Steve Jobs. Steve thought it would be a great idea to remove the copy protection from songs sold on his digital store, iTunes, which was responsible for less than 5% of music sales (then). As major labels laughed, EMI would blaze a trail into the internet environment. They thought, hey, we’ll be the cool label that let’s you give away the music after you buy it. Then fans will respect us. I wrote then that this move would be the first nail in the EMI coffin. It was. “Fans” bit-torented and ripped through EMI’s catalog like an eight-ball in a Drew Barrymore cocaine binge. It is sinking in finally , the value of music , for some time to come = $00000:facepalm:
Moderators daddymack Posted February 26, 2010 Moderators Posted February 26, 2010 and yet Apple was able to make gazillions of dollars...amazing..."the medium is the message" has become 'the middleman is the moneymaker'...
Members Poker99 Posted February 27, 2010 Members Posted February 27, 2010 As major labels laughed, EMI would blaze a trail into the internet environment. They thought, hey, we’ll be the cool label that let’s you give away the music after you buy it. Then fans will respect us. Fail.
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