Quote

Aug 9, 2011
@ 2:07 pm
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Recommendations will be key. When another band or a fan spreads the word via playlists, infecting new listeners. Radio is inefficient. It’s about advertising, not music. You want to be turned on to tracks by someone with the same sensibility, whose only goal is to turn you on to something great.
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Lefsetz on what streaming will mean for artists and the music business. Great stuff.