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"Tan: The fact that users would “own” songs was the deal-breaker for a lot of the dinosaur record labels. I remember one meeting with a music label I won’t name
by hkmurakami 7y ago
"Tan: The fact that users would “own” songs was the deal-breaker for a lot of the dinosaur record labels. I remember one meeting with a music label I won’t name, where the exec in the room basically told us, “If you listen to a Madonna song, I want you to pay us for that privilege. You never own music, you simply buy a license to consume that music at that moment. Next year, when you want to listen to that same song, I want you to pay us again. Thirty years from now, when your grandchildren want to listen to that Madonna song, I want them to pay us. You will never own this music, you only buy a temporary right to listen to that music at that moment, nothing more.” "
This just encapsulates everything about the modern digital content landscape.