I have argued that there is nothing wrong with the music industry that a free and open entrepreneurial marketplace cannot fit. I came across a nice summary of how we got to where we are in this industry at a blog called patrickWeb. The author also sees a bright future for the music industry even though it will never again look like and operate as it has been in the past.
“The bottom line is that most all people like some kind of music. Composers like to compose, musicians like to perform and conductors like to conduct. Business models that embrace rather than fight technology are finally emerging. The music pie will get bigger — it surely will get shared differently — but I am confident that it will get bigger.
Well said. And it will be music industry entrepreneurs making the pie bigger.
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