The record labels were warned 18 years ago to update their business models, but they chose instead to assault the only people capable of supporting the industry -- the consumer.
Here's the new
warning shot to capture the attention of any sentient individuals left in the industry that hope to have a job in five years: If you don't embrace and support unsigned acts using a 21st Century
business model, unsigned musicians will use our technology platform to make you completely obsolete!
Good luck shaking down college students -- that's one way to decimate your customer
lifetime value revenue model.