"How I envision it… is you're going to give it away and change the revenue stream. And I've heard every idea known to man, of which there are not very many, from becoming partnerships with the record companies. But so far, everybody's firing their best shot, which they should be doing. But nobody's figured it out." What do you think of the idea of building a fee into the price of digital music players and that being shared in some way? "How do you do that? How do you distribute it?"
In the meantime, the Recording Industry Association of America…has continued to file hundreds of lawsuits against people for the sharing of music. A tactic Quincy Jones is not a fan of…
"I mean what are you doing? You're making enemies out of your consumers. There's too many of them, man. Millions of them. There's so many ways to do this. And we're still pursuing the old way. Lawsuits aren't going to work."
Music industry legend, Quincy Jones. Bloomberg Boot Camp, I'm Fred Fishkin.