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hom Yorke called it a “decaying business model” and Trent Reznor called them “greedy fucking assholes…who have fucked themselves out of a job essentially, that now take it out on ripping off the public”.
Harsh words that describe the major labels and the music industry but which closely echo the sentiment of many music consumers. But it carries greater authority when spoken by two of the biggest acts in the music industry and now, as a further endorsement of this viewpoint, Guy Hands, newly appointed chief of EMI has called a spade a spade in an internal memo sent on Friday in the wake of Radiohead’s wake-up call to labels via their innovative distribution method: