Robert X. Cringely comes up with a new business model for the music business: He gets rich, and the people who create the music get nothing.
Mr Layne devotes a good bit of time to fisking Mr Cringely's work, and you should read it. I only have one quibble with Mr Layne's analysis. Since when did screwing a musician out of his or her hard-earned become a new business model for the recording industry?
I mean, my God! if there's one reason why no one sheds tears for the recording industry's plight, it's because people in the recording industry are schmucks. Now, Lord knows there are plenty of shady dealings involving the creative industries, but no creative industry can even come close to the recording business in terms of its utter corruption and sloth. The only difference between today's music industry and the music industry back during the good old days of payola is that back then, the people running things at least had a bit of cunning about them.Posted by Benjamin Kepple at July 25, 2003 12:27 PM | TrackBack