Contributed by: filbert Thursday, November 15 2007 @ 03:57 PM CST
The boss of Warner Music has made a rare public confession that the music industry has to take some of the blame for the rise of p2p file sharing.
Speaking at the GSMA Mobile Asia Congress in Macau, Edgar Bronfman told mobile operators that they must not make the same mistake that the music industry made.
“We used to fool ourselves,’ he said. “We used to think our content was perfect just exactly as it was. We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding. And of course we were wrong. How were we wrong? By standing still or moving at a glacial pace, we inadvertently went to war with consumers by denying them what they wanted and could otherwise find and as a result of course, consumers won.”
The thuggishness and disdain with which the music industry (and, frankly, most of the entertainment industry) treats their customers is breathtaking to behold.
Oh, on a tangentially related note, how is Lions for Lambs doing at the box office, anyway?