The music industry needs to fundamentally change its way of operation. The way it worked historically is that the music industry developed acts and acted as venture capital did in the 90’s – invest tens of millions of dollars and then harvest. Harvesting was done through CD sales. However on the CD’s were usually 2-3 good songs and a bunch of crap. Every year CD prices would rise a little. It worked for the music industry and let to ever growing profits.   One thing... read more