In other words, streaming is a lot more profitable for all the actual value creators after we bypass these technopolies.

One is it was trying to solve a consumer problem with the industry and then two, is technology was enabling this digital consumption of music and the industry just was not forward on that. iTunes was a reaction, if you will, to the ripping services, whereas you could have argued actually it should have been what drove the consumer to the digital... See more

From the late '90s to mid-teens to mid-2010s, the industry was in decline, partly because of this ripping issue coming to the fore, but partly because they weren't offering the consumer a product they wanted that was increasingly becoming digital in the consumers buying, but not so much digital in the industry's mind.The first attempt by the... See more