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Do you think that major labels will be decimated by the Internet, as some have predicted, or will they simply adapt to the technology, remain dominant and change the way they work?

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Do you think that major labels will be decimated by the Internet, as some have predicted, or will they simply adapt to the technology, remain dominant and change the way they work?

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We are completely enamored by the Internet. We are, with reason, using every facet of the Internet we can. We believe it could be part of the future. I think fortunately we’re not looking at it as a panacea for the ills of our industry, which I think people did when MTV first time out. But we don’t know how it’s really going to affect anything. It’s like when people turn on their television. They’re not putting on their televisions to listen to music. They’re putting on their television to watch “Seinfeld” reruns or old movies. When they log onto the Internet, I don’t know if they are looking to download videos or if they’re looking for music. They have a life, and music is a part of it. Unfortunately, music may become less a part of their lives.

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