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Quote to remember

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They’ve [music industry] had these ten years to develop new business models. And they failed. Instead, the new business models have been developed outside of the legacy industry — and they’re working. Let them be. Don’t give this tool to the legacy players, who failed to innovate. Let them go out of business, and let a new, and much more creative “creative business” industry take over.

You’re being played for as a fool by a legacy industry that wants to squeeze every bit of money it can from a dying business model. Putting up three strikes isn’t giving them space to develop a new business model. It gives them time to squeeze more out of a corpse.

- Michael Masnick on Techdirt in Peter Mandelson Defends His Sudden Conversion To Kicking People Off The Internet

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