Radiohead: Folding of Major Record Labels "No Great Loss To The World (RT: @OpenAttitude)

#Future

Wed, Jun 16th, 2010 12:00 by capnasty NEWS

In a rare interview, Radiohead frontman Thom Yorke has warned young musicians not to tie themselves to the "sinking ship" of the music industry, suggesting it will soon collapse. The singer said it is "only a matter of time -- months rather than years -- before the music business establishment completely folds." He advises musicians to self-release music rather than yearn for a major label contract, suggesting the loss of the mainstream music industry will be "no great loss to the world."

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