Pixies Frontman Says Greed Caused Record Companies' Current Problems

(NME) Pixies frontman Black Francis (aka Frank Black) took some time out to speak with NME.COM about the challenges of touring, the release of the new box set and the current state of the music industry.

Here are a couple of excerpts: "I think what has to happen is everyone has to get used to making less money and have to charge less money," Francis declared. "Everything's got to get cut down to more of a five-dollar world. People will say, "Oh yeah, I'll pay five bucks to see that or for a T-shirt or a record. I think it's gonna become more of a five-dollar world than a $25 world, $50, or a $150 world.

"...I think everyone should sell whatever product they want to sell for whatever price they want to sell it for, but ultimately the market will dictate what it is and people will have to charge less money for everything. Record companies have been overcharging people for way too long and now this is the trouble that they're in. They created this situation because they were just a little too greedy," he said. - more on this story

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