Top 20 Biggest Music Industry Screw Ups

Thursday, March 13, 2008 | 06:30 PM

Blender has released their Top 20 Biggest Music Industry Screw Ups, and we have a new chart topper!

Previously, the biggest  music industry gaffe was Dick Rowe's billion-dollar screw up in passing on The Beatles. That has now been surpassed. The new winner in terms of biggest music industry snafus: The Industry turning its back on the internet has moved into the #1 spot with a bullet.

Here's the top 20:

 20. As grunge dawns, one label bets on hair metal
19. The industry kills the single—and begins its own slow demise
18. BMG dumps Clive Davis, begs him to return
17. Thomas Edison disses jazz, industry standards
16. Warner pays for Wilco record twice
15.
MCA’s teen-pop calamity
14. Stax Records unintentionally gives away the store
13. One label’s big spending single-handedly ends “alt-rock” boom
12. Geffen pumps millions into (the nonexistent) Chinese Democracy
11. Geffen sues Neil Young for making “unrepresentative” music
10. Columbia Records loses Alicia Keys, drops 50 Cent
9. “Digital-rights management” backfires even more badly than usual
8.
Warner junks Interscope
7.
Music publisher gives away Bob Dylan
6. Casablanca rides strong sales straight to the poorhouse
5. The RIAA sues a struggling single mom for digital piracy

4.
Indie promoters take the major labels to the cleaners
3. Motown sells for a pittance
2. Decca Records A&R exec tells Fab Four, “No, thanks”
1.
Major labels squash Napster

Notably missing: When John Fogerty left Creedence Clearwater Revival to begin his recording solo, his record company sued him, claiming the songwriter had plagiarized himself. The entire tale is sordid and ugly and makes the labels look even worse than they really are, which is kinda hard to do. (See this:  Fogerty's Fabled Fantasy Fight).   

Any other notable omissions?


>


Sources:
20 Biggest Record Company Screw-Ups of All Time   
Jon Dolan, Josh Eells, Fred Goodman
Blender March 11 2008
http://www.blender.com/20BiggestRecordCompanyScrewUps/articles/18696.aspx

War against Web tops music biz "screw-ups" list   
Reuters, Wed Mar 12, 2008 6:24pm EDT
http://www.reuters.com/article/idUSN1151953920080312

Thursday, March 13, 2008 | 06:30 PM | Permalink | Comments (18) | TrackBack (0)
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sid vicious is dead............

Posted by: pinhead | Mar 13, 2008 7:31:12 PM

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