There is no greater enemy of the music business than the music industry itself. Never before in the history of mass entertainment have we witnessed an industry who worked harder to destroy itself. Maybe once upon a time, music companies tried to expand their business and reach wider audiences, but those days ended long ago…and if the RIAA has its way, they’ll be gone for good.
Let us count some the major mistakes the industry has made in our lifetimes: cheering on ownership consolidation that squeezes out diversity on local radio; standing on the sidelines while the Internet revolutionized the way listeners access music…and then trying to close the barn door after the horse had galloped to the next continent; applauding the Copyright Royalty Board’s decision to raise royalty rates on Internet Radio.
Go read the whole thing: NPR Starts a War