If record companies make their money by selling records and people will no longer pay for records… how do they make money.
Distribution? How do you distribute mp3s? And, more importantly, how do you charge.
Sure, fifteen years they shoulda been smarter. They were just trying to kill it but it couldn’t be done… today, they are stuck with a monster and nothing seems to fix it. 360 degrees doesn’t begin to.
”I think most heads of record companies are idiots. About five per cent are any good. They’re only in it for themselves.
Elton John has absolute nothing to add to the conversation: “I think most heads of record companies are idiots. About five per cent are any good. They’re only in it for themselvesThey don’t care about artists. They’re all about the next fix, the next single. It’s like they’re having a hit of cocaine every 15 seconds. And if someone falls by the wayside, they’re by the wayside. They’re not allowed one blip.In America, most of them are idiots. They’re sickening actually. They sicken me. They’re thick as shit.”
Welcome to 1975.