Or more ranting about Doug Morris, CEO of Universal.
This cNet article makes a bunch of points a little better than I did. Read it here.
In short, while Matt Rosoff won't call Morris a liar for claiming the industry was caught with their pants down on the downloading front and didn't know where to go, I will. As Rosoff points out, UMG had an early (failed) strategy and threw their lot in with Sony's Pressplay. When that didn't work out, they tried to sue the pants off everyone.
How fast they forget.
Now playing: Lionel Hampton - The Lamplighter