Music GroupsThursday Miscellany
• The Motley Fool continues its love affair with Edgar Bronfman and Warner Music Group (which has an earnings release tomorrow.) On the company's last conference call: "Bronfman didn't spend any time complaining about music piracy hurting his business, outside of the Russian and Chinese markets. That's a small but refreshing attitude shift, and it shows that Warner -- like Disney before it -- may have started to see piracy as a form of competition that should be fought with the tools of the free market, not with lawsuits and witch hunts." Not a Doug Morris fan from way back? And when did corporations stop using lawsuits as a tool of the trade? Believe me, WMG is going to love that Kazaa settlement money when it comes out of escrow. (Read article at The Motley Fool)
• A Georgia man claims he is the son of Nashville music legend Buddy Lee. Quite a story. (Read article at Nashville Scene)
• Our friend Alec Hanley Bemis cites anedotal evidence of indie rock's downturn. "Anecdotal evidence suggests we’re entering the tail end of the recent indie-rock boom," he wrote at the LA Weekly. "Reports from the (Sub Pop) showcase at the CMJ Festival earlier this month were distinctly underwhelming." Want more evidence? Stereogum is cited, though Nick Denton's entrance to the market was not. (Read at LA Weekly)
