Lefsetz on Stream Ripping

getty-digital-music-headphones_largeThe CD killed home taping. Did you really want to spend all that time making an inferior copy when the original sounded so much better?

Of course not. Never mind that CDs were vastly overpriced, didn’t compensate creators for said increase and singles were cut from the catalog, forcing you to buy a whole album to get the one good song you wanted.

In other words, the music industry fought the battle of the past by entering the future.

Source: Lefsetz Letter

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