At the Popkomm Music Industry Convention in Berlin Peter Jenner, the Former Pink Floyd Manager, denounced the practices of the current music industry as being archaic and not fit for the modern world.

Jenner said that, “Right holders could not insist on exploiting exclusive rights any more in the age of Myspace and mash-ups”. Which is true as it makes it hard to NOT get anything for free even if its only streamed. Jenner also talked about “blanket licenses” which would allow for profit in the way that music is being accessed in the modern world.

Also, a new idea from an industry leader… The idea of sharing mp3′s as “sharing a friends CD”. This is a ground breaking idea, that I am glad some one realized.

I have to say that I have just gained great respect for this man and I do hope that he has luck reinventing the music industry and hopefully for the better.

via p2p Blog

- Chris W.