13.2.09

Pissing the fans off might've been a bad idea

Today LRRG jouxplan posted this information in the Living Room Rock Gods forums earning the right to pick anything he wants from the nearest pastry shop. This is Warner Music Group's share price chart, according to Yahoo! Finance, UK. We're not economists or expert chart readers, but this doesn't leave much to speculation, that blue line really starts dropping around October from last year, and by January it's crawling like a snake. I wonder what kind of executive decisions could have been the reason for this debacle. Oh, right...

I like to think we, the fans and WMG-product-users, played an important part to cause such drop in share prices for Warner. Lashing out at the people who buy your products doesn't seem like a good idea, even for an all-powerful multi-million corporation. And now that Sony Music Entertainment successfuly renegotiated their deal with YouTube, it's looking even worse for them. We can only hope they realize their mistake and chose to negotiate, instead of taking the next step in their bullieness, as big-shot corporations are known to do from time to time.

Warner Music Group Crp Share Price Chart at Yahoo! Finance, UK.

No comments:

Post a Comment