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Appetite For Self Destruction

The Spectacular Crash of the Record Industry in the Digital Age

Steve Knopper

Sony and Phillips had major prob trying to convince record labels to abandon vinyl for digital CD's in 1980's. Sony made up CD Billy Joel 52nd Street and everyone very impressed with fidelity but showstopper was watching that little drawer open and close - that was what sold them.

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Record companies 'chucked dollar bills into the ocean' trying to prevent digital copying of CDs. Hackers kept cracking as fast as new tech intro. Final fiasco when Sony tried to sell CDs which surreptitiously loaded prog called RootKit which sabotaged and sometimes destroyed hard drives.

That was the end of protection: finally had to figure out how to make money off online music

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