Starting with a delicious appetiser,
This series of "Music Labels Tales" will focus on some stories, views and spikey comments about the inescapable shifts the music industry is facing and will face, and how labels decide to react to them.
The purpose is really not to impale the music industry with a conquering "you morrons!" honks (though some can hardly escape them). Being also in a way on the industry side, I hope I can shed some light on current issues, struggles and outcomes that surround the label honchos.
As a preface, I picked quite a known news item, which is still relevant and can serve as a nice trigger for thinking. It's of course the story of rock band Wilco, as portrayed by Lawrence Lessig on Wired mag. The digital music weblog has also noted about this extremely mind-0pening article, that shows how much a label can miss by automatically taking a sheer counter position against anything that is shared over the web.
Onward to part 1 -> I'll get into the irritating trend I'm constantly finding in recent contracts to set quite long terms for exclusive rights...something I'm not sure is good, and in fact discloses some panic.