Music News: Is That A ‘White Flag’ I See?

Warner Music Boss: We Were Wrong

From Edgar Bronfman, Chairman and Chief Executive Officer of Warner Music Group, at the at the GSMA Mobile Asia Congress on Wednesday…

“We used to fool ourselves. We used to think our content was perfect just exactly as it was. We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding. And of course we were wrong. How were we wrong? By standing still or moving at a glacial pace, we inadvertently went to war with consumers by denying them what they wanted and could otherwise find and as a result of course, consumers won.

Ha! Man, where do I start as far as commenting on this one {smile}. OK, let’s be nice and just say that it is heartening to see a glimmer of enlightenment starting to shine through onto the music industry. Alright, now let me go soak my tongue. It’s starting to hurt from biting down on it so hard! {smile}

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