Hindsight is 20-20. The record labels have never had great foresight, otherwise they may now been offering concerts, ticketing, merchandise, and many non-music ways to make money. This one beats it all. Seymour Stein as quoted in the Globe and Mail:
Stein says the rot set in the music industry 60 years ago. “We blew it,” he says on the phone from his office in New York. “The first major music labels were all phonograph manufacturers, but by the time the Beatles came along, most companies were no longer involved in the hardware.
“Had we remained in control of the hardware,” he adds. “We wouldn’t be hurting as much as we are now. And the iPod would be ours.”
As one of the country’s foremost authorities on Robotic Process Automation, Richard French has been a leader in building several successful technology companies dealing with innovative, cutting-edge technology. Richard is credited with being the driving force behind growing a company that changed the business landscape and became the industry’s top leader in AI Automation. His expertise spans a wide array of technology, leading organizations dealing with software, mobile applications, remote access, online media, advertising, and entertainment. Richard has held senior leadership roles working for Oracle and Nokia and being the CEO of several successful startups.