You can always rely on Wayne Rosso to court controversy, and his latest column certainly does that, claiming that the promise of new digital music services has been “snuffed out” by labels. “The table is now set. There will be no new players of significance to enter the business. Investors don’t want to entertain the remotest possibility of funding any startup that deals with music no matter how clever and innovative,” he writes. “What’s most ironic is that the record labels have now put themselves in the position of having to depend on the bulk of their digital sales from companies that actually could care less about selling music: Apple, Amazon, and now Google.”
Rosso slams labels for killing digital music competition
