Further to the previous post, this is a good example of the problems facing the music industry: the music video for Billboard’s current #1 single, “Glamorous” by Fergie, can be found on YouTube, for free.
Last night I had dinner with one of our consultants, who’s based in Boston. His expertise is broadband Internet and how its disrupting the traditional distribution of entertainment content.
His view — which I agree with — is that one either embraces this change and figure out new ways to make money, or get marginalized by it. I think this is a good lesson for all things — that working to find a solution always beats sticking one’s head in the sand, although it does mean more work.