SHELF LIFE

“Record companies.” It’s become an epithet: institutions, most often managed by white males, reviled by musicians and consumers and now, it seems, the primary example of the capital enterprise so proud or blind that it can’t adapt to changing conditions to save its life. It’s hard to conceive of a time when a record company inspired fan mail, critical and business-press encomiums and credit as a significant motor of culture change.

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— 01/02/2009