11-19-2008, 12:48 PM
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Confirmed User
Join Date: Aug 2003
Posts: 7,082
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Quote:
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And among the biggest, they say, was the labels' failure to address online piracy at the beginning by making peace with the first file-sharing service, Napster. "They left billions and billions of dollars on the table by suing Napster -- that was the moment that the labels killed themselves," says Jeff Kwatinetz, CEO of management company the Firm. "The record business had an unbelievable opportunity there. They were all using the same service. It was as if everybody was listening to the same radio station. Then Napster shut down, and all those 30 or 40 million people went to other [file-sharing services]."
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from the article paul suggested reading
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“When crimes occur through the mail, you don’t shut the post office down,” Steve Wozniak
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