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The Music Industry did this to itself - because it disliked the amount of power the iTunes music store had, it decided to allow Spotify's frankly obscene busine
by johnzim 8y ago
The Music Industry did this to itself - because it disliked the amount of power the iTunes music store had, it decided to allow Spotify's frankly obscene business idea to float.
Well, one of those partners earned them lots of money and the other massively devalued their goods.
What's even more laughable is that the iTunes Music Store represented a massive 'save' for the industry - prior to that they'd earned ~$0 on digital music thanks to rampant piracy.
I wish this could be seen as the high-water mark of stupidity for the industry but I know it well enough to be sure that's not the case.