The Day the Music (Industry) Died

A choice quote from The Economist

In 2006 EMI, the world’s fourth-biggest recorded-music company, invited some teenagers into its headquarters in London to talk to its top managers about their listening habits. At the end of the session the EMI bosses thanked them for their comments and told them to help themselves to a big pile of CDs sitting on a table. But none of the teens took any of the CDs, even though they were free. “That was the moment we realised the game was completely up,” says a person who was there.

Source: The Economist. Apologies to Don McLean.

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One Response to The Day the Music (Industry) Died

  1. Paul Cooke says:

    So does that mean that the power vacumn will be filled by teenage ninja podcasters? :) PC

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