Janis Ian Speaks The Word
"So why are the record labels taking such a hard line? My guess is that it's all about protecting their internet-challenged business model. Their profit comes from blockbuster artists. If the industry moved to a more varied ecology, independent labels and artists would thrive - to the detriment of the labels…"
This is what I read on the show, from Janis Ian's follow-up, Fallout - A Follow Up to The Internet Debacle". And here's the rest of the quote from this must read article, if you want to see what our artists think...
"The smoking gun comes from testimony of an RIAA-backed economist who told the government fee panel that a dramatic shakeout in Webcasting is 'inevitable and desirable because it will bring about market consolidation'." ("Labels to Net Radio: Die Now", Steven Levy in Newsweek, July 15, 2002.)"
Read this article.
9:06:47 PM
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