David's Got It Right

fred-wilson:

David Hyman’s been around online music for about as long as anyone I know. He’s the founder and CEO of Mog, the blogging service for music lovers. He has a post about the future of music up on his mog that I completely agree with. Here’s the meat of the post in case you don’t want to click thru and read the whole thing.

Here’s what the labels need to do: drop that penny per track per stream rate to about 10% of what it is today (that’s right - 1/10 of a penny per stream). When that…

Spot on

Notes

  1. kortina reblogged this from fred-wilson
  2. fred-wilson posted this