If you love music and have any business sense, the music industry can be depressing - as a new lawsuit confirms. New technology has the power to revitalize the music economy, create channels for buying hard-to-get music, and open our culture up once again to the unusual voices that once revolutionized music - and society - while helping the business boom.
The whole economic pie could become bigger by bringing underserved music markets back into the marketplace. Instead, music execs are being defensive and reactionary, attacking new technology rather than embracing its opportunities. The result? Less for everybody.