I know very little about what’s happening in the music industry and have virtually no experience downloading music legally or illegally. I’ve spent some time downloading .wav file sound effects, but not really music. I like music, but I can’t say that I’m a fan and I pretty much don’t buy CD’s either (except maybe at garage sales for $1).
That being said, I read the guy’s rant and found it very enlightening and informative. Although he’s trying to justify something that is wrong, I think that he is right about the future of music and the recording labels. Personally, I think the main reason why I stopped buying music is because it’s just too darned expensive.
I especially like this quote:
So the next question is, what now?
For the major labels, it's over. It's ****ing over. You're going to burn to the ****ing ground, and we're all going to dance around the fire. And it's your own fault. Surely, somewhere deep inside, you had to know this day was coming, right? Your very industry is founded on an unfair business model of owning art you didn't create in exchange for the services you provide. It's rigged so that you win every time - even if the artist does well, you do ten times better. It was able to exist because you controlled the distribution, but now that's back in the hands of the people, and you let the ball drop when you could have evolved.