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What do Radiohead, Prince, The Eagles, Madonna, Nine Inch Nails, Ani Difranco, and others like them have in common? They’ve all recently left their major labels for greener pastures. Music Industry 1.0 has been slowly dying for some time, and these most recent defections are notable harbingers of things to come. Major labels seem to be technologically handicapped and unable to translate their business models to something as effective and efficient as what a twenty-something year old kid can do from an apartment in Middlesbrough. Time for change…

I hope Music Industry 2.0 is a little faster on its feet. I think it will be.