In this recent post Bob Lefsetz argues that music ownership is history and that streaming will rule the music world. There are not absolutes in this world. Remember all of those who predicted the demise of the vinyl record? well, Best Buy is going to start selling vinyl records in 2009! Same thing with CDs,...

This just in from Bloomberg news Pandora Media Founder Sees Company’s First Profit Next Year By Meg Tirrell May 19 (Bloomberg) — Pandora Media Inc., the free online- radio service that generates playlists based on users’ musical preferences, aims to be profitable next year for the first time since...

I found this interesting prediction in this blog article written by Bob Lefsetz: But I will tell you this, if there’s a future for radio, it will not be the Pandora/LastFM model, it will be tracks handpicked by humans, like RadioIO. The funny thing is, that traditional radio (which is basically obsolete)...