How The Music Industry Blew It

from the did-they-ever dept

Salon has a pretty interesting review of a book called Sonic Boom: Napster, MP3, and the New Pioneers of Music, which is basically about how the music industry has totally screwed up how they handled the issue of music distribution online over the last decade. The author goes over the history of everything that has happened, and comes to the same conclusion we’ve been screaming for a while: the music industry needs to understand that music trading is reality. You can’t just sue it out of existence. They need to figure out some way to work within that framework – and they’re not doing that. In related news, the NY Times (registration blah blah) is reporting that the Fast Track Network (KaZaA, Morpheus and Grokster) are about to surpass the usage Napster had at the height of their popularity. Why does the music industry still think it’s worthwhile to go forward with their subscription plans?

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