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April 18, 2005

Sounding Familiar

I'm sorta crossing semantic lines on the site here, but Coolfer summed up a recent New York Times story on Edgar Brontfman, Jr. and Warner Music Group. Of particular interest was this quote from who I presume is a WMG staffer:

"They're very smart money guys, but for us at the end of the day we need someone who really cares about the records we're putting out, not the amount of volume or the price of their shares."

I don't think I have to point out the parallels to the current Fire situation. And I don't know if the notion that this sort of thing happens in other industries all the time makes me feel better or worse. The product still matters.

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