Warner Music CEO Says War With Consumers Was Wrong

l2718 writes "Edgar Bronfman, CEO of the Warner Music Group, has publicly framed the music industry's failure to accommodate file-sharing as an 'inadvertent' war on consumers. I'm left wondering how you can file a series of lawsuits inadvertently. 'We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding ... By ... 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.'"

Comments

Death throes of an industry

[gethoht]

All these lawsuits are just an outdated industry with an outdated business model trying to stay alive. They want to keep the margins as high as they were when vinyl was being pressed. They're not adapting, they're just kicking and screaming theirselves out of business.