[BC] Making money by reacting to the market

[Robert Orban]

At 02:02 PM 10/22/2007, Robert Meuser wrote:

>All good ideas but who needs the record companies? Companies like 
>Clear Channel and others could do that all in house more 
>efficiently. They would at least have an interest in getting out 
>good music. I think we have reached the point where the music should 
>be free for private use and the money made on all the other items 
>mentioned, especially TV and Concerts.

I am actually surprised that there has not been more consolidation 
between the broadcast and music industries. Why doesn't Viacom own a 
major music label? Why doesn't Clear Channel? Why doesn't Time 
Warner? Given the other brands within these groups, there are huge 
potential opportunities for cross-promotion.

Bob Orban