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...[The record label's] anxieties about monetizing music in the future are justified. Things are going to get a lot worse. Most of you know how bad. I'm talking today because in five years of reporting from Silicon Valley on these issues, the technology people have failed to tackle the issues. For me, they lost the moral authority when they argued that Napster should be legalized and when asked "How do you pay the rights holders?" answered, "That's not our problem". All scientists bear some responsibility for what they create. Secondly the music industry has now started to sue people for enjoying music. It needs to remember that it's in the music business. And thirdly, no one believes in the "cure" that's supposed to solve these problems. It isn't sustainable.
A music reporter hands out some free advice. I don't agree with everything he says, but it's at least interesting to consider.
Posted by Casper at September 24, 2004 04:17 PM