Bob Lefsetz is a pop music industry analyst who’s been writing his Lefsetz Letter for 20 years. Whether your a fan or not, he’s always worth reading.
Lefsetz can talk knowledgeably about pop music from Loggins & Messina to Fugazi and back. He’s got opinions on the industry you wouldn’t expect from someone with his background and experience (I didn’t say age), certainly not what you’d expect on DRM or on file sharing. He’s passionate about his music and it’s always fun to hear him get in lather over a seminal album in his weekly Rhinocast segment [RSS] for Rhino Records.
This week on his blog, Bob’s taking on the music industry’s broken economic model and making some excellent points on free music.
I’m positively stunned at the blowback from business regulars about that chap giving his music away for free. Oldsters can’t understand the economics!
I’ll clue you in, THERE ARE NONE!
This is your worst nightmare. People who can follow their dream on sweat equity. Who with their computer and the money from their day job or mommy and daddy can compete with you. It’s like the North Vietnamese, all our military might couldn’t defeat individuals who would fight to the death. Same deal in Iraq.
link: full article
Bob Lefsetz on CBC’s The Hour: full interview