How Shawn Fanning And Napster Almost Defeated The Music Industry
How Shawn Fanning and Napster almost defeated the music industry.
In the late 1990s, the greedy, wealthy music industry received a blow they never saw coming. As long as albums had been commercially produced, the industry had been free to charge as much as they wanted for their product, and believe me they had. Albums, eight track cartridges, cassettes, and compact discs have been overpriced for a long, long time, with the only alternative being listening to the radio in hopes that your favorite song would someday get airplay. This practice had been lining the pockets of the major distributing companies (Universal Music, Sony BMG, EMI, Warner Music, etc.) since their inceptions. It all changed in 1999 when a college student at Northeastern University in Boston, Massachusetts fired the shot that brought the music industry to its knees.
Shawn Fanning was a born on November 22, 1980, in Brockton, Massachusetts.
In the late 1990s, he was a freshman Northeastern University in......
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