Neil Young Blames Record Label Greed For Pono Failure was a top story on Thursday: (Radio.com) Neil Young opened up during a new interview about his much-discussed but short-lived his-res downloading service and accompanying player, Pono, and he put the blame squarely on the shoulders of the labels.
"The record labels killed it," Young told the L.A. Times. "They killed it by insisting on charging two to three times as much for the high-res files as for MP3s. Why would anybody pay three times as much?"
Young reflected on Pono while detailing his recently revealed online music archive, a one-stop shop for all things Neil Young, from studio recordings to rarities, movies, and more.
"It's my feeling that all music should cost the same," he added in regards to Pono. "The [hi-res] file doesn't cost any more to transfer. And today with streaming, you don't have the problem [of unauthorized file sharing]. Who wants to copy something if you can stream it? The record companies, by charging three times as much for hi-res music as they charge for regular music, they've killed hi-res music. It's the dumbest thing I've ever seen." Read more - here.
Neil Young Releases New Limited Edition 'DUME' Collection
Neil Young With Crazy Horse Announces Record Store Day Release
Neil Young + Crazy Horse Announce Love Earth Tour
Zach Bryan, Dave Matthews Band, Neil Young Lead Bourbon & Beyond Lineup
Neil Young's 'Dume' Coming To Vinyl
Copyright 2023 Iconoclast Entertainment Group All rights reserved.