31 1 / 2012
Hierarchy Of Power | Lefsetz Letter
Reposted from http://bit.ly/yVYdr2 on January 31, 2012 at 05:26PM
1. The Act
We’re returning to the classic rock era. Wherein the acts dictated to the labels as opposed to vice versa. But the story here now is there are no labels. Sure, there are a bunch of Top Forty acts that are essentially employees of the major labels, in everything but benefits (they’re independent contractors!), […]
