“[u]ltimately Napster could evolve into a full-fledged music distribution platform, usurping the record industry as we know it today.”
-Sean Parker, Napster internal memo, 1999
“This is actually very similar to what I dreamt of 10 years ago.”
-Sean Parker, speech about Spotify at last week’s Facebook’s f8 event
Anyone who thinks the problem with the music business involves obnoxious, overpaid executives with big egos and cocaine has to admit that this particular deal will not solve that . . .
It would help if folks like Mr. Parker acquainted themselves with what the music industry does, first. For instance, that the actual distribution is the final and easiest step of the entire process. Even the best distribution platform won’t do you a whit of good, unless you have something valuable to distribute.
Posted by Faza (TCM) | September 28, 2011, 11:08 am