A Record Blunder...

Blender magazine has named the major record labels' war against Napster in 2001 as
the worst recording industry blunder of all time, even worse than the talent scout who passed up signing the Beatles after an audition in 1962. The major labels drove the file-sharing service Napster out of business at what would have been an opportune moment to figure out how to make money off of music downloads. Instead, when Napster shut down, downloaders scattered to many other services and recorded music sales have been sinking ever since.

This medianote was presented to MWF classes only.