rarkon (rarkon) wrote in ohnotheydidnt,
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ohnotheydidnt

Will.i.am: 'the music industry is delusional'


Black Eyed Peas frontman and entrepreneur says he's saddened that labels 'don't make hardware anymore'

"Our music sells other people's hardware, and it's a hard pill to swallow," said will.i.am at Midem on Saturday. Speaking via Skype, the Black Eyed Peas frontman called the music industry “delusional”. "I try my hardest not dwell on it, so I try to focus on my philanthropy.

Will.i.am pointed to the successive decline in revenue from recorded music that the industry has experienced for more than a decade as a reason to get into the hardware business. He said he had made more money from his equity in Beats Electronics – the makers of Beats by Dr Dre headphones – than what he made from Black Eyed Peas' I Gotta Feeling, the most downloaded song of all times on iTunes.
The question is: do you go to the Grammys or to Davos?Collapse )
pot, kettle...

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