Don’t call it a comeback, I’ve been here for years.
I bailed on this blog in the middle of last year because I got too busy to think. I really was too busy to think for a while, then I just got lazy. But then Pizzolo busted my balls and said that people actually like this blog, and that I’m easier to deal with when I’m blogging because he doesn’t have to be the outlet for my rants. Speaking of which…
Pizzolo sent me this article. Its not really an article, but a stock tip regarding the Warner Music Group. We don’t trade stocks, nor do we follow the market religiously, but we do pay attention to the fate of media companies, especially when they are kicked so squarely in the balls.
That WMG would receive a downgrade from a wall street analyst is not surprising or novel. The fun here is that the analyst recommends replacing your holdings in WMG with stock from Live Nation, News Corp., and Apple. Basically, throw away the old music business and replace it with a concert promotion company, a diversified media conglomerate, and a lifestyle gadget builder. That pretty much sums up the last ten years of the music business in one convenient stock pick. Goodnight, WMG. Happy new year everybody.












Recent Comments