The major record labels and the RIAA could have averted a PR nightmare and saved themselves millions of dollars by hiring a few behavioral economists instead of lawyers to advise them. The basis of all human economic transactions are psychological. Our animal spirits animate markets. The lawsuits the RIAA waged against consumers several years ago [...]
Continue reading...Saturday, October 3, 2009
The degree to which the music industry has ignored the future is criminal. It’s hurt a lot of people. It’s confused a lot of Indie Music types. Including maybe you. Think about American Idol. Here’s a hugely popular show that propagates the dusty old notion that music is still about “getting signed.” That notion is a [...]
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Monday, May 10, 2010
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