Geoff Taylor, head of UK major label trade group BPI, wrote an op-ed piece for the BBC today in which he called Napster the “Rosetta Stone of digital music,” said it was “simple to understand and use,” and said that the music industry should have “embraced Napster rather than fighting it.”
I can’t imagine quite how much revenue the music industry has lost because it failed to embrace Napster. A deal was on the table, and the music companies turned their noses (or should that be snouts?) up at it.
His comments on how every thought that DRM was necessary at the time also ring true. They did. They were wrong, and people were telling them this at the time.