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Corey Smith

Lewi wondered where the money was going to come from. Diarmuid said that the winners used to pay for the losers at Warner Brothers, but now the extreme winners have gone indie and theres not enough cash for R&D. What a dilemma! Marty said all you had to do was release the equity in the recordings.<br/><br/> Did you read that Tom Friedman piece in the "New York Times" on Wednesday, criticizing the concept of a Detroit bailout? This is the relevant point: "our bailout of Detroit will be remembered as the equivalent of pouring billions of dollars of taxpayer money into the mail-order-catalogue business on the eve of the birth of eBay." Thats the story with the mainstream music business. .... midnight Sunday 14th December 2008 EST
The Lefsetz Letter 1305 posts in collection
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