We’re Never Going Back to the Past

Bob Lefsetz, in an article in The Lefsetz Letter entitled Why CD Sales Are Tanking, has some of the clearest thoughts on the current abysmal state of the recording industry that I have read lately. I recommended that you read the complete article.

It costs essentially nothing to duplicate a file. Own that, don’t call it theft. To do so is to try to charge for a new Magic Slate every time somebody lifts the plastic to create a new picture.