Edgar Bronfman cops to creating file-sharing menace
Warner Music CEO and antipiracy crusader Edgar Bronfman has admitted that the recording industry shares some of the blame for the proliferation of file sharing. "We expected our business would remain blissfully unaffected even as the world of interactivity, constant connection and file sharing was exploding," he said at a mobile conference in Asia. "We were wrong." No, really? Bronfman relayed how the music business's "glacial" adoption of the digital era inadvertently started a war by denying consumers what they wanted. One would think Bronfman, an entrepreneur, would have realized all this a little sooner. But then again, the music business has never actually been about pleasing the customer.