Friday, August 08, 2008

Warners see golden egg; wonder if axe for killing goose is tax-deductable

The growth of those computer games where you can pretend you're playing an instrument is great news for record labels, right? They've suddenly - with absolutely no effort on their part - got a lucrative new income stream.

Brilliant, right?

Now, though, Warners have decided to get greedy:

The company’s chief executive, Edgar Bronfman, compared the clout of Guitar Hero and Rock Band to MTV and the iPod, saying, “The amount being paid to the music industry, even though their games are entirely dependent on the content we own and control, is far too small.”

Entirely dependent? You might want to double check that it's entirely dependent before you get too greedy, Bronfman.