Financial Industry Thinks Big Record Labels Are Whack Too

From an interesting article covering the RIAA’s new foolishness:

“As I’ve said before, a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value. If it starts to pursue paying customers — which doesn’t seem that outlandish at this point — then I guess we’ll all know the extent of the desperation. Investor, beware.”

One more lesson for independent artists — don’t sue the fans that are giving you money.