U2 manager calls for ISPs to join future-setting music industry
In McGuinness's opinion, the music industry is charting a "way to the future" but the kind of future he describes is not too different from the music industry that caused piracy to become such a problem. Instead, he calls "Internet free-thinkers" today's business "dinosaurs" because they hold an apparently appalling view of copyright management. Above the lofty goal of eliminating piracy, these words still sound greedy and money-based before anything else.
It's the same old problem for the music industry and the managers of the artists in that business. The average consumer just wants an easy way to obtain and enjoy the product. Unfortunately, piracy has provided that method and only recently has the music industry started to understand and rethink business methods to combat the issue. McGuinness is at least correct in stating that artists should not be simple employees, but if their product is better managed by other methods, then why not leave the music industry behind? Touring promoter Live Nation (NYSE: LYV) is obviously charting a path outside the industry that is very lucrative for artists and their management. U2 recently signed a deal with the company for this very reason.
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