April 15, 2002
The WSJ's Thomas Weber has an opion I strongly believe in, Record Companies Should Attempt To Compete for Music Fans' Loyalty. I have a strong belief in competition of the marketplace. Media companies have poor business leaders who do not know how to compete and take advantage of changing parameters of their business environment. When VHS came out movie companies complained that it would take away sales. Solid business minds learned not to cry wolf, but to compete. The record companies have failed in the marketplace and learning to take advantage of a changed marketplace.