"I am deeply suspicious of the presupposition that the mainstream recording industry would be the best custodian of a pool of money earmarked to invest in the careers of new artists, develop their talent, help them record, release, promote, tour and create value for large numbers of people.
In fact, I’d go so far as to say that if the major record labels have proven anything to us over the past two decades, it’s that they are the last people we should trust with this sort of thing. It’s hard to imagine a bunch of people who are less frugal, less strategically competent, less artist-friendly and less interested in the development of music than they have demonstrated themselves to be on repeated occasions."
"As far as coming up with sustainable models for young musicians to earn an income by composing, producing, distributing, promoting and performing – the major record labels have been about as good at investing in new artists as mining companies have been at investing in rainforests."
- 30 days of ideas – 26: New Music Trust by Andrew Dubber (view on Google Sidewiki)