The Secret Diary of Steve Jobs: The music industry nobs have finally figured out what we're doing

"Today in the music business we're about where IBM and Microsoft were in 1989, when IBM finally got hit with the clue stick and realized what Microsoft was doing."

Here's a funny, insightful look at the music business:

The Secret Diary of Steve Jobs: The music industry nobs have finally figured out what we're doing

Fade to Black, The Day the Music Died

Have you heard of Weird Al Yankovic? He became famous as a direct result of independent radio. KMET ran the Dr. Demento show where artists could send in their tapes to be heard on the radio. KMET was silenced on February 14, 1987.

Have you heard of Metallica? They were made popular by KNAC, an independent radio stationed silenced on February 15, 1995. In 1998 KNAC was reborn on the Internet as KNAC.com. They, along with many other independent Internet radio stations, are about to be silenced again.

It seems that record companies aren’t making enough money to buy Lars Ulrich another solid gold Humvee, or pay lawyers to sue 12 year olds.

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