The Domino Effect of Radio and Records

What came first, the decline of radio or the decline of the music industry?

And what will come next?

The music business began its decline around the turn of the century when Napster tweaked the egos of the major labels. The labels overreacted by suing the pants off those kids and eventually put Napster out of business.

In hindsight, the label execs should have swallowed their pride and bought Napster out, harnessed the technology and prevented the filesharing and pirating movement from turning into a revolution before they owned a piece of it.

The radio industry's decline arguably started around 2002 even&hellip