- When the corporate industry dies it will be no great loss to the world. So don’t tie yourself to the sinking ship because, believe me, it’s sinking.
- Radiohead lead singer Thom Yorke • Discussing the fall of music industry capitalism in a British textbook. He seems to have a good handle on this. He left his big corporate label, EMI, just a couple years before they fell into particularly dire straits. EMI is now the property of private equity firm Terra Firma, and since the 2007 acquisition, they’ve had massive debt and restructuring problems. (via Pitchfork) source
Posted by Ernie Smith •
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