Radiohead has been named as one of the most influential people in Time magazine’s annual Top 100 list. Warner Music Group’s Edgar Bronfman, Jr penned the article, which appears after the Steve Jobs one. Amusing, huh?
Bronfman writes:
“When the British rock band Radiohead announced that In Rainbows would be made available online directly to consumers at whatever price they wanted to pay, many said it signaled the end of the world’s major music labels. As the CEO of one of them, I may surprise you by saying that in some ways, they were right. The traditional record-label business model—the one based on controlling access and distribution—is dead.”
You can read the full article here.
(thanks to Kenton)
