actually, i will shed a tear
Forgive me Paul if I do shed a tear for the innovator.
The "music industry" will never realise that modern technology has (or will) totally invalidated its business model.
To put it simply - My mom makes her own CDs in her study and she no longer needs them..
The widespread adoption of digital storage media has killed them, stone dead. And dinosaurs never saw it coming. Agressive DRM just made customers angry and trying to play hardball with innovators like Pandora has added a further nail to its coffin.
Many people would be prepared to throw a couple quid at Pandora : it ADDED VALUE to the process of me finding and hearing music from the artist I like (and indeed might like)
.....however, the overheads added by expensive licensing would make it uncompetitive in the "where shall i turn for 30 mins of news market"
people wont pay 20 quid a month for that. Maybe 20 quid a year.
...trouble is everyone get feckin greedy and the service has to die..