Glenn Fricker
Very Metal &Very Bad News
egan. said:It seems silly to call people short sited for not being able to predict the internet revolution (and subsequent MP3 revolution) in the 70's when Phillips developed the Laserdisc or 1982 when the first CD's reached the marketplace. Just think about all of the insane technology changes since then.
Actually, the internet has been around for ages. When the Cd came out, it was stressed that the music all winds up as 1's and 0's. At that same time, Moore's law was in full swing. Also at that time, it was stressed over and over and over that personal computers were going to revolutionize our lives. Guess what? They did. It's not silly to call record execs short sighted. Or greedy.
They convinced people to re-purchase their record collections. Now it's biting them in the ass. There's some karma for you. I stand by what I said.