Bob Lefsetz: Television is a changed universe. And so is music.

Lefsetz Letter » Blog Archive » Team Coco To TBS.

Used to be there were six major labels.  And they controlled the distribution channel.  You might be able to get into the store as an indie, but getting paid was hell.  Just look at the four majors today.  They’re owed gazillions by retailers.  And there are fewer of them and they’ve got less power than ever before.

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